Global Ocean Automation A/S — Credit Rating and Financial Key Figures

Global Ocean Automation A/S (CVR number: 39741172) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1929.6 kDKK in 2018. The operating profit was -5689.3 kDKK, while net earnings were -5905.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.5 %, which can be considered poor and Return on Equity (ROE) was -43.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Global Ocean Automation A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.