GERMAN PELLETS DENMARK ApS

CVR number: 33267622
Sdr. Tværkaj 3, 7100 Vejle
ordre@german-pellets.dk
tel: 70707779
www.german-pellets.dk

Credit rating

Company information

Official name
GERMAN PELLETS DENMARK ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GERMAN PELLETS DENMARK ApS

GERMAN PELLETS DENMARK ApS (CVR number: 33267622) is a company from VEJLE. The company recorded a gross profit of -6935.3 kDKK in 2023. The operating profit was -6936.3 kDKK, while net earnings were -7667.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.6 %, which can be considered poor and Return on Equity (ROE) was -79.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -63 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GERMAN PELLETS DENMARK ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit767.16526.05-22.56747.42-6 935.32
EBIT226.09-18.61- 361.88740.45-6 936.25
Net earnings177.60-40.88- 395.37686.96-7 667.77
Shareholders equity total- 417.46- 458.35- 853.72- 166.75-7 834.52
Balance sheet total (assets)5 592.909 342.176 158.2814 778.944 610.09
Net debt1 914.544 443.74-2 231.7312 986.1111 369.83
Profitability
EBIT-%
ROA3.4 %0.1 %-4.2 %6.8 %-50.6 %
ROE2.9 %-0.5 %-5.1 %6.6 %-79.1 %
ROI7.6 %0.3 %-11.4 %10.1 %-54.1 %
Economic value added (EVA)271.5263.53- 311.04951.52-6 893.73
Solvency
Equity ratio-6.9 %-4.7 %-12.2 %-1.1 %-63.0 %
Gearing-750.2 %-1090.2 %-130.6 %-8195.0 %-152.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.20.70.10.1
Current ratio0.91.00.91.00.4
Cash and cash equivalents1 217.12553.333 346.77679.35606.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-50.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-63.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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