Budget Gulve ApS — Credit Rating and Financial Key Figures

Budget Gulve ApS (CVR number: 40135928) is a company from TÅRNBY. The company recorded a gross profit of 82.5 kDKK in 2024, demonstrating a decline of -66 % compared to the previous year. The operating profit was -23.2 kDKK, while net earnings were -21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.6 %, which can be considered poor and Return on Equity (ROE) was -34.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Budget Gulve ApS'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.