AL-KO GINGE A/S — Credit Rating and Financial Key Figures

AL-KO GINGE A/S (CVR number: 43356518K) is a company from Brønderslev. The company recorded a gross profit of 20.4 mDKK in 2022. The operating profit was 4217 kDKK, while net earnings were 1929 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. AL-KO GINGE A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.