Block GKL2 ApS — Credit Rating and Financial Key Figures

Block GKL2 ApS (CVR number: 37511439) is a company from KØBENHAVN. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was 47.8 mDKK, while net earnings were 32.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 58.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Block GKL2 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.