HANDELSSTANDSFORENINGEN I GENTOFTE KOMMUNES VELGØRENDE FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSTANDSFORENINGEN I GENTOFTE KOMMUNES VELGØRENDE FOND
HANDELSSTANDSFORENINGEN I GENTOFTE KOMMUNES VELGØRENDE FOND (CVR number: 11605532) is a company from GENTOFTE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -2.6 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 0.1 mDKK), while net earnings were 70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75 %, 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. HANDELSSTANDSFORENINGEN I GENTOFTE KOMMUNES VELGØRENDE FOND's liquidity measured by quick ratio was 2.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 909.73 | 900.22 | 926.05 | 939.85 | 915.80 |
Gross profit | 400.16 | 378.08 | 429.35 | 189.57 | 172.02 |
EBIT | 320.67 | 298.60 | 349.87 | 110.09 | 92.53 |
Net earnings | 253.20 | 237.94 | 290.83 | 50.60 | 70.06 |
Shareholders equity total | 9 439.31 | 9 532.25 | 9 678.09 | 9 583.69 | 9 508.75 |
Balance sheet total (assets) | 12 736.60 | 12 640.24 | 12 716.34 | 12 654.18 | 12 677.03 |
Net debt | 32.88 | -33.60 | - 357.04 | - 379.54 | - 690.38 |
Profitability | |||||
EBIT-% | 35.2 % | 33.2 % | 37.8 % | 11.7 % | 10.1 % |
ROA | 2.7 % | 2.4 % | 2.8 % | 0.9 % | 0.9 % |
ROE | 2.9 % | 2.5 % | 3.0 % | 0.5 % | 0.7 % |
ROI | 2.8 % | 2.4 % | 2.9 % | 0.9 % | 1.0 % |
Economic value added (EVA) | - 143.56 | - 204.58 | - 151.90 | - 385.33 | - 395.31 |
Solvency | |||||
Equity ratio | 74.1 % | 75.4 % | 76.1 % | 75.7 % | 75.0 % |
Gearing | 10.1 % | 8.4 % | 6.6 % | 5.6 % | 5.4 % |
Relative net indebtedness % | 85.7 % | 75.4 % | 48.3 % | 59.0 % | 40.5 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.4 | 2.6 | 2.3 | 2.1 |
Current ratio | 2.3 | 2.4 | 2.6 | 2.3 | 2.1 |
Cash and cash equivalents | 920.60 | 831.83 | 993.99 | 919.07 | 1 200.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 77.3 % | 79.9 % | 90.8 % | 84.8 % | 86.5 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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