GROUP24 ApS — Credit Rating and Financial Key Figures

GROUP24 ApS (CVR number: 35413138) is a company from GLOSTRUP. The company recorded a gross profit of 591.5 kDKK in 2017. The operating profit was 552.2 kDKK, while net earnings were 1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 459.4 %, which can be considered excellent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32 %, 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. GROUP24 ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.