Gitte Elgaard Holding ApS — Credit Rating and Financial Key Figures

Gitte Elgaard Holding ApS (CVR number: 42948861) is a company from AARHUS. The company recorded a gross profit of -11.9 kDKK in 2023. The operating profit was -11.9 kDKK, while net earnings were -19.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -41.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Gitte Elgaard Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.