Gerritsgade 44 ApS — Credit Rating and Financial Key Figures

Gerritsgade 44 ApS (CVR number: 42501808) is a company from LANGELAND. The company recorded a gross profit of 525.4 kDKK in 2023. The operating profit was 400.4 kDKK, while net earnings were 170.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. Gerritsgade 44 ApS's liquidity measured by quick ratio was 3.1 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.