Gear Up Green A/S

Gear Up Green A/S (CVR number: 38542656) is a company from THISTED. The company recorded a gross profit of 9828.2 kDKK in 2023. The operating profit was 4794.8 kDKK, while net earnings were 3027 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 33.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. Gear Up Green A/S's liquidity measured by quick ratio was 1.4 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.