GAARDE SMEDE- OG MASKINFORRETNING A/S — Credit Rating and Financial Key Figures

GAARDE SMEDE- OG MASKINFORRETNING A/S (CVR number: 26105927) is a company from VARDE. The company recorded a gross profit of -60.2 kDKK in 2019. The operating profit was -852.6 kDKK, while net earnings were -743.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GAARDE SMEDE- OG MASKINFORRETNING A/S's liquidity measured by quick ratio was 6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.