Gelb ApS — Credit Rating and Financial Key Figures

Gelb ApS (CVR number: 38277448K) is a company from KOLDING. The company recorded a gross profit of 541.2 kDKK in 2018. The operating profit was 65.5 kDKK, while net earnings were 50.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.7 %, 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. Gelb ApS's liquidity measured by quick ratio was 1.7 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.