GO HANNOVER ApS — Credit Rating and Financial Key Figures

GO HANNOVER ApS (CVR number: 29784892K) is a company from KØBENHAVN. The company reported a net sales of 3.4 mEUR in 2018, demonstrating a decline of -9.4 % compared to the previous year. The operating profit percentage was at 143.7 % (EBIT: 4.8 mEUR), while net earnings were 3467.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. GO HANNOVER ApS's liquidity measured by quick ratio was 1 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.