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Gelting Design ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Gelting Design ApS
Gelting Design ApS (CVR number: 38547836) is a company from SKANDERBORG. The company recorded a gross profit of 110.7 kDKK in 2025. The operating profit was -98.5 kDKK, while net earnings were -74.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -105.1 %, which can be considered poor and Return on Equity (ROE) was -130.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Gelting Design ApS's liquidity measured by quick ratio was 1.6 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 | 167.85 | 342.93 | 137.67 | 360.20 | 110.69 |
| EBIT | 42.41 | 26.32 | - 102.98 | 146.46 | -98.46 |
| Net earnings | 31.91 | 20.08 | -80.78 | 121.53 | -74.44 |
| Shareholders equity total | 33.55 | 53.63 | -27.15 | 94.38 | 19.94 |
| Balance sheet total (assets) | 63.83 | 129.17 | 94.57 | 134.93 | 52.23 |
| Net debt | 2.00 | -65.28 | -66.92 | -83.75 | -27.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 91.2 % | 27.3 % | -82.0 % | 114.2 % | -105.1 % |
| ROE | 181.3 % | 46.1 % | -109.0 % | 128.6 % | -130.2 % |
| ROI | 178.5 % | 58.6 % | -378.9 % | 310.7 % | -170.4 % |
| Economic value added (EVA) | 32.18 | 18.73 | -83.16 | 123.89 | -80.99 |
| Solvency | |||||
| Equity ratio | 52.6 % | 41.5 % | -22.3 % | 69.9 % | 38.2 % |
| Gearing | 6.0 % | 1.2 % | 5.6 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 1.6 | 0.7 | 3.3 | 1.6 |
| Current ratio | 2.0 | 1.7 | 0.8 | 3.3 | 1.6 |
| Cash and cash equivalents | 65.93 | 66.92 | 83.75 | 28.49 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | BB | BB |
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