L.B. GULVE ApS — Credit Rating and Financial Key Figures

L.B. GULVE ApS (CVR number: 35525769) is a company from HEDENSTED. The company recorded a gross profit of 800 kDKK in 2017. The operating profit was 369.9 kDKK, while net earnings were 292.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.9 %, which can be considered excellent and Return on Equity (ROE) was 108.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. L.B. GULVE ApS's liquidity measured by quick ratio was 4.6 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.