GLOBAL TAGS A/S — Credit Rating and Financial Key Figures

GLOBAL TAGS A/S (CVR number: 34223084) is a company from IKAST-BRANDE. The company recorded a gross profit of 1438.1 kDKK in 2023. The operating profit was -231.4 kDKK, while net earnings were 205 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLOBAL TAGS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.