Makeen Gas Equipment Denmark A/S — Credit Rating and Financial Key Figures

Makeen Gas Equipment Denmark A/S (CVR number: 27184979) is a company from RANDERS. The company recorded a gross profit of 15.3 mDKK in 2023. The operating profit was 8610.9 kDKK, while net earnings were 6799.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 86.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37 %, 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. Makeen Gas Equipment Denmark A/S's liquidity measured by quick ratio was 0.8 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.