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

AL-KO GINGE A/S (CVR number: 43356518) is a company from Brønderslev. The company recorded a gross profit of 14.7 mDKK in 2024. The operating profit was 820.6 kDKK, while net earnings were -2266.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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 0.9 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.