GIAS Holding ApS — Credit Rating and Financial Key Figures

GIAS Holding ApS (CVR number: 40251030K) is a company from AARHUS. The company reported a net sales of 955.7 mDKK in 2023, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 62.6 mDKK), while net earnings were 67.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GIAS Holding 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.