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GULVBUTIKKEN ERHVERV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GULVBUTIKKEN ERHVERV ApS
GULVBUTIKKEN ERHVERV ApS (CVR number: 35808825) is a company from MIDDELFART. The company recorded a gross profit of 734.9 kDKK in 2025. The operating profit was -1024.7 kDKK, while net earnings were -855.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.4 %, which can be considered poor and Return on Equity (ROE) was -88.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -82.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GULVBUTIKKEN ERHVERV ApS's liquidity measured by quick ratio was 1.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 764.26 | 1 398.57 | 950.85 | 828.99 | 734.93 |
| EBIT | - 457.68 | - 390.90 | -1 710.61 | - 480.32 | -1 024.71 |
| Net earnings | - 444.65 | - 332.20 | -1 594.16 | - 165.36 | - 855.11 |
| Shareholders equity total | - 120.74 | - 452.94 | -2 047.11 | -2 212.47 | -3 067.58 |
| Balance sheet total (assets) | 1 322.69 | 2 775.21 | 881.40 | 1 287.94 | 645.27 |
| Net debt | 275.27 | 1 954.44 | 2 564.03 | 3 029.59 | 3 155.20 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -29.8 % | -16.7 % | -55.6 % | -14.9 % | -28.4 % |
| ROE | -54.0 % | -16.2 % | -87.2 % | -15.2 % | -88.5 % |
| ROI | -93.6 % | -28.8 % | -72.8 % | -16.7 % | -31.2 % |
| Economic value added (EVA) | - 446.33 | - 330.89 | -1 617.62 | - 368.26 | - 845.67 |
| Solvency | |||||
| Equity ratio | -8.4 % | -14.0 % | -69.9 % | -63.2 % | -82.6 % |
| Gearing | -504.4 % | -465.8 % | -126.5 % | -139.8 % | -110.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 1.9 | 1.6 | 2.9 | 1.8 |
| Current ratio | 0.7 | 2.1 | 2.0 | 3.3 | 1.8 |
| Cash and cash equivalents | 333.78 | 155.28 | 25.06 | 64.25 | 237.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | B | B | BB | B |
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