Vognmand Torben Gade ApS — Credit Rating and Financial Key Figures

Vognmand Torben Gade ApS (CVR number: 27230601) is a company from MORSØ. The company recorded a gross profit of -0.9 kDKK in 2018. The operating profit was -0.9 kDKK, while net earnings were 0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vognmand Torben Gade ApS's liquidity measured by quick ratio was 42.7 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.