Gjerstad Products ApS

Gjerstad Products ApS (CVR number: 37856193) is a company from AALBORG. The company recorded a gross profit of 348.5 kDKK in 2018. The operating profit was 348.5 kDKK, while net earnings were 274.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Gjerstad Products ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.