GEL-TOP A/S — Credit Rating and Financial Key Figures

CVR number: 81810028
Storhaven 10, 7100 Vejle
gel-top@gel-top.dk
tel: 75821133
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Credit rating

Company information

Official name
GEL-TOP A/S
Personnel
4 persons
Established
1976
Company form
Limited company
Industry

About GEL-TOP A/S

GEL-TOP A/S (CVR number: 81810028) is a company from VEJLE. The company recorded a gross profit of 1111.2 kDKK in 2024. The operating profit was -345.6 kDKK, while net earnings were 407.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. GEL-TOP A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 873.241 999.511 749.12717.001 111.24
EBIT348.45462.70202.69- 769.84- 345.59
Net earnings31.24100.88- 187.73-1 198.24407.36
Shareholders equity total4 711.424 812.304 374.572 186.331 454.90
Balance sheet total (assets)11 698.9911 966.8310 827.898 043.186 249.68
Net debt4 599.425 172.745 104.294 929.593 146.22
Profitability
EBIT-%
ROA3.2 %3.9 %2.0 %-7.9 %17.7 %
ROE0.7 %2.1 %-4.1 %-36.5 %22.4 %
ROI3.9 %4.7 %2.3 %-9.0 %14.4 %
Economic value added (EVA)- 235.66- 113.35- 337.28-1 246.28- 703.26
Solvency
Equity ratio40.3 %40.2 %40.4 %27.2 %23.3 %
Gearing97.9 %107.7 %116.7 %225.6 %216.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.20.2
Current ratio0.91.00.90.70.7
Cash and cash equivalents15.3812.482.531.851.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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