GERMAN HIGH STREET PROPERTIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GERMAN HIGH STREET PROPERTIES A/S
GERMAN HIGH STREET PROPERTIES A/S (CVR number: 30691644K) is a company from GENTOFTE. The company reported a net sales of 4.7 mEUR in 2024, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 36 % (EBIT: 1.7 mEUR), while net earnings were -487 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. GERMAN HIGH STREET PROPERTIES A/S's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 947.00 | 4 993.00 | 4 662.00 | 4 535.00 | 4 698.00 |
Gross profit | 4 378.00 | 3 792.00 | 3 136.00 | 2 971.00 | 3 275.00 |
EBIT | -6 391.00 | 3 245.00 | -3 134.00 | -3 512.00 | 1 692.00 |
Net earnings | -6 551.00 | 3 448.00 | -2 424.00 | -3 501.00 | - 487.00 |
Shareholders equity total | 60 216.00 | 63 634.00 | 61 210.00 | 57 709.00 | 63 102.00 |
Balance sheet total (assets) | 112 943.00 | 115 498.00 | 106 955.00 | 102 121.00 | 97 718.00 |
Net debt | 41 044.00 | 38 755.00 | 30 158.00 | 35 009.00 | 24 325.00 |
Profitability | |||||
EBIT-% | -107.5 % | 65.0 % | -67.2 % | -77.4 % | 36.0 % |
ROA | -5.4 % | 2.8 % | -2.8 % | -3.2 % | 1.8 % |
ROE | -10.4 % | 5.6 % | -3.9 % | -5.9 % | -0.8 % |
ROI | -5.8 % | 3.1 % | -3.0 % | -3.5 % | 2.0 % |
Economic value added (EVA) | -6 515.41 | 1 415.82 | -5 614.37 | -5 289.82 | -1 108.57 |
Solvency | |||||
Equity ratio | 53.3 % | 55.1 % | 57.2 % | 56.5 % | 64.6 % |
Gearing | 75.0 % | 68.4 % | 62.0 % | 65.3 % | 44.2 % |
Relative net indebtedness % | 817.7 % | 943.1 % | 814.2 % | 920.9 % | 660.4 % |
Liquidity | |||||
Quick ratio | 1.7 | 2.0 | 3.2 | 0.8 | 2.9 |
Current ratio | 1.7 | 2.0 | 3.2 | 0.8 | 2.9 |
Cash and cash equivalents | 4 098.00 | 4 776.00 | 7 787.00 | 2 648.00 | 3 590.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.6 | 3.3 | 17.3 | 13.2 | 20.0 |
Net working capital % | 36.8 % | 61.6 % | 137.1 % | -28.2 % | 75.2 % |
Credit risk | |||||
Credit rating | BBB | AA | A | A | A |
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