Gulvfirmaet Michael Gade ApS — Credit Rating and Financial Key Figures

Gulvfirmaet Michael Gade ApS (CVR number: 42499358) is a company from HJØRRING. The company recorded a gross profit of 886.2 kDKK in 2024. The operating profit was 282.6 kDKK, while net earnings were 212.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. Gulvfirmaet Michael Gade ApS's liquidity measured by quick ratio was 2.5 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.