Gear Up ApS — Credit Rating and Financial Key Figures

CVR number: 43821369
Sjællandsgade 22, 2200 København N

Company information

Official name
Gear Up ApS
Personnel
4 persons
Established
2023
Company form
Private limited company
Industry

About Gear Up ApS

Gear Up ApS (CVR number: 43821369) is a company from KØBENHAVN. The company recorded a gross profit of 2027.8 kDKK in 2024. The operating profit was 289.6 kDKK, while net earnings were 223.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.1 %, which can be considered excellent and Return on Equity (ROE) was 89.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Gear Up ApS's liquidity measured by quick ratio was 2.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit550.082 027.78
EBIT129.19289.62
Net earnings98.74223.53
Shareholders equity total138.74362.28
Balance sheet total (assets)368.53631.72
Net debt-24.83- 131.50
Profitability
EBIT-%
ROA35.2 %58.1 %
ROE71.2 %89.2 %
ROI64.6 %92.7 %
Economic value added (EVA)99.87214.66
Solvency
Equity ratio37.6 %57.3 %
Gearing44.6 %17.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.3
Current ratio1.62.3
Cash and cash equivalents86.67195.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:58.1%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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