CNG Processing ApS — Credit Rating and Financial Key Figures

CNG Processing ApS (CVR number: 28884389) is a company from KØBENHAVN. The company recorded a gross profit of 387.1 kDKK in 2022. The operating profit was 377.1 kDKK, while net earnings were 152.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -40.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CNG Processing ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.