OLE GADE ApS — Credit Rating and Financial Key Figures

OLE GADE ApS (CVR number: 75246218) is a company from HOLSTEBRO. The company recorded a gross profit of 1122.7 kDKK in 2024. The operating profit was 555.9 kDKK, while net earnings were 5861.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE GADE ApS's liquidity measured by quick ratio was 0.3 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.