CONGEE ApS — Credit Rating and Financial Key Figures

CONGEE ApS (CVR number: 41078502) is a company from SKIVE. The company recorded a gross profit of 197.6 kDKK in 2023. The operating profit was -946.5 kDKK, while net earnings were 207.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -5.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CONGEE ApS'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.