GREENLINE FISHING GEAR A/S — Credit Rating and Financial Key Figures

GREENLINE FISHING GEAR A/S (CVR number: 33257600) is a company from FREDERIKSHAVN. The company recorded a gross profit of 6351.1 kDKK in 2024. The operating profit was 502.7 kDKK, while net earnings were 53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. GREENLINE FISHING GEAR 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.