Gevninge Varme Service ApS — Credit Rating and Financial Key Figures

Gevninge Varme Service ApS (CVR number: 34350523) is a company from LEJRE. The company recorded a gross profit of 383.9 kDKK in 2023. The operating profit was 44 kDKK, while net earnings were 28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 32.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Gevninge Varme Service ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.