GERTSEN & OLUFSEN A/S — Credit Rating and Financial Key Figures

GERTSEN & OLUFSEN A/S (CVR number: 16314897) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 27.3 mDKK in 2023. The operating profit was -20 mDKK, while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. GERTSEN & OLUFSEN A/S's liquidity measured by quick ratio was 371.5 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.