Gorm's Tivoli ApS — Credit Rating and Financial Key Figures

Gorm's Tivoli ApS (CVR number: 37508942) is a company from HERLEV. The company recorded a gross profit of 1920.1 kDKK in 2021. The operating profit was 213.9 kDKK, while net earnings were 163.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -48.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Gorm's Tivoli 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.