GIESEGAARD HANDELSSELSKAB ApS — Credit Rating and Financial Key Figures

GIESEGAARD HANDELSSELSKAB ApS (CVR number: 46203011) is a company from RINGSTED. The company recorded a gross profit of 902.2 kDKK in 2023. The operating profit was 226.1 kDKK, while net earnings were 1914.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. GIESEGAARD HANDELSSELSKAB ApS's liquidity measured by quick ratio was 16.1 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.