Gertz Danish Bakery ApS — Credit Rating and Financial Key Figures

Gertz Danish Bakery ApS (CVR number: 38219367) is a company from NYBORG. The company recorded a gross profit of -7.5 kDKK in 2019. The operating profit was -7.5 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.6 %, which can be considered poor and Return on Equity (ROE) was -141.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. Gertz Danish Bakery ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.