Gade Hjuler Holding ApS — Credit Rating and Financial Key Figures

Gade Hjuler Holding ApS (CVR number: 38533177) is a company from VEJLE. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -22.1 kDKK, while net earnings were 315.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Gade Hjuler Holding ApS's liquidity measured by quick ratio was 619.5 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.