MADS GINNERUP HOLDING ApS — Credit Rating and Financial Key Figures

MADS GINNERUP HOLDING ApS (CVR number: 25589319K) is a company from SKIVE. The company recorded a gross profit of 74.8 mDKK in 2023. The operating profit was 21.8 mDKK, while net earnings were 29 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MADS GINNERUP HOLDING ApS's liquidity measured by quick ratio was 4.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.