GAMMELRAND SKÆRVEFABRIK A/S — Credit Rating and Financial Key Figures

GAMMELRAND SKÆRVEFABRIK A/S (CVR number: 29098913) is a company from KALUNDBORG. The company recorded a gross profit of 6688.3 kDKK in 2023. The operating profit was 5070.7 kDKK, while net earnings were 4174.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GAMMELRAND SKÆRVEFABRIK A/S's liquidity measured by quick ratio was 6.5 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.