GIBO PLAST A/S — Credit Rating and Financial Key Figures

GIBO PLAST A/S (CVR number: 52308410K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 129.5 mDKK in 2017. The operating profit percentage was at 4.9 % (EBIT: 6.4 mDKK), while net earnings were 3621 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GIBO PLAST A/S'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.