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Gear Up Green A/S — Credit Rating and Financial Key Figures

CVR number: 38542656
Højmarken 12, Silstrup 7700 Thisted
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Company information

Official name
Gear Up Green A/S
Personnel
12 persons
Established
2017
Domicile
Silstrup
Company form
Limited company
Industry

About 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 19 mDKK in 2025. The operating profit was 8465.5 kDKK, while net earnings were 5485.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit4 827.978 668.549 828.2512 772.4218 979.85
EBIT2 851.575 386.544 794.755 416.978 465.50
Net earnings1 914.763 861.173 026.973 350.085 485.09
Shareholders equity total3 096.598 457.779 484.7412 834.8218 319.91
Balance sheet total (assets)15 965.2930 443.4335 799.0444 557.1361 971.99
Net debt439.69-3 828.63-1 933.82-1 866.74-2 926.53
Profitability
EBIT-%
ROA20.9 %23.2 %14.5 %13.5 %15.9 %
ROE89.5 %66.8 %33.7 %30.0 %35.2 %
ROI23.9 %26.8 %16.1 %14.8 %17.6 %
Economic value added (EVA)1 679.923 548.032 365.442 552.534 533.55
Solvency
Equity ratio19.4 %27.8 %26.5 %28.8 %29.6 %
Gearing70.2 %38.0 %57.2 %52.5 %45.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.61.41.31.4
Current ratio0.81.61.41.31.4
Cash and cash equivalents1 733.047 042.887 356.888 609.5711 272.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:29.6%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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