GE HOLDING HJØRRING ApS — Credit Rating and Financial Key Figures

GE HOLDING HJØRRING ApS (CVR number: 34892695K) is a company from HJØRRING. The company recorded a gross profit of 122.6 mDKK in 2020. The operating profit was 9922 kDKK, while net earnings were 3502 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GE HOLDING HJØRRING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.