Garnskov ApS — Credit Rating and Financial Key Figures

Garnskov ApS (CVR number: 43221469) is a company from SILKEBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -1.7 % compared to the previous year. The operating profit percentage was at 83.3 % (EBIT: 0.3 mDKK), while net earnings were 233.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Garnskov ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.