GANNI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GANNI A/S
GANNI A/S (CVR number: 21664731) is a company from KØBENHAVN. The company reported a net sales of 851.6 mDKK in 2023, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 9 % (EBIT: 77 mDKK), while net earnings were 46.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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. GANNI A/S's liquidity measured by quick ratio was 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 448.52 | 448.22 | 648.45 | 807.89 | 851.58 |
Gross profit | 149.45 | 136.67 | 209.12 | 220.16 | 213.14 |
EBIT | 91.08 | 64.24 | 123.65 | 102.19 | 77.03 |
Net earnings | 85.75 | 43.77 | 122.35 | 94.78 | 46.26 |
Shareholders equity total | 182.81 | 222.45 | 314.20 | 390.92 | 415.39 |
Balance sheet total (assets) | 228.17 | 307.44 | 413.60 | 535.59 | 548.63 |
Net debt | -9.36 | -57.30 | -25.67 | -38.34 | -53.34 |
Profitability | |||||
EBIT-% | 20.3 % | 14.3 % | 19.1 % | 12.6 % | 9.0 % |
ROA | 55.4 % | 23.1 % | 42.2 % | 25.1 % | 13.3 % |
ROE | 61.3 % | 21.6 % | 45.6 % | 26.9 % | 11.5 % |
ROI | 66.7 % | 28.2 % | 52.7 % | 31.5 % | 17.1 % |
Economic value added (EVA) | 68.44 | 45.27 | 91.31 | 71.23 | 47.70 |
Solvency | |||||
Equity ratio | 80.1 % | 72.4 % | 76.0 % | 73.0 % | 75.7 % |
Gearing | 5.2 % | 6.0 % | 5.0 % | 4.5 % | 0.0 % |
Relative net indebtedness % | 4.9 % | 2.0 % | 8.0 % | 9.7 % | 8.0 % |
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.3 | 2.1 | 2.0 |
Current ratio | 3.6 | 2.8 | 3.2 | 2.9 | 3.0 |
Cash and cash equivalents | 18.85 | 70.72 | 41.37 | 55.97 | 53.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.5 | 34.3 | 38.6 | 47.9 | 33.2 |
Net working capital % | 24.0 % | 32.7 % | 31.5 % | 30.9 % | 29.0 % |
Credit risk | |||||
Credit rating | A | AAA | AA | AAA | AAA |
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