GL-Boat ApS — Credit Rating and Financial Key Figures

GL-Boat ApS (CVR number: 43745247) is a company from SERMERSOOQ. The company reported a net sales of 4.3 mDKK in 2023. The operating profit percentage was at 28.4 % (EBIT: 1.2 mDKK), while net earnings were 904 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.8 %, which can be considered excellent and Return on Equity (ROE) was 85.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. GL-Boat ApS's liquidity measured by quick ratio was 2.2 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.