Gertz Danish Bakery ApS — Credit Rating and Financial Key Figures

Gertz Danish Bakery ApS (CVR number: 38219367K) is a company from NYBORG. The company recorded a gross profit of -30.7 kDKK in 2017. The operating profit was -30.7 kDKK, while net earnings were -30.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -121.5 %, which can be considered poor and Return on Equity (ROE) was -159.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. Gertz Danish Bakery ApS's liquidity measured by quick ratio was 4.2 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.