M GULSTAD ApS — Credit Rating and Financial Key Figures

M GULSTAD ApS (CVR number: 28329741) is a company from AALBORG. The company reported a net sales of -2.8 mDKK in 2023, demonstrating a decline of -297.1 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -3.2 mDKK), while net earnings were 3064.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M GULSTAD ApS's liquidity measured by quick ratio was 7.9 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.