Garn & Tråd ApS — Credit Rating and Financial Key Figures

Garn & Tråd ApS (CVR number: 43823159) is a company from KØGE. The company recorded a gross profit of 52.6 kDKK in 2023. The operating profit was 50 kDKK, while net earnings were 50 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Garn & Tråd ApS's liquidity measured by quick ratio was 1.2 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.