GUNNAR BALLES MASKINFABRIK A/S

GUNNAR BALLES MASKINFABRIK A/S (CVR number: 74153917) is a company from VIBORG. The company recorded a gross profit of 6628 kDKK in 2021. The operating profit was 176 kDKK, while net earnings were 12.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. GUNNAR BALLES MASKINFABRIK A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.