GAFFELTRUCK HOLDING A/S
Credit rating
Company information
About GAFFELTRUCK HOLDING A/S
GAFFELTRUCK HOLDING A/S (CVR number: 27220282K) is a company from AARHUS. The company recorded a gross profit of 160.4 mDKK in 2023. The operating profit was 26 mDKK, while net earnings were 7339.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 12.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GAFFELTRUCK HOLDING A/S's liquidity measured by quick ratio was 0.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 94 021.00 | 102 011.00 | 114 730.00 | 154 156.60 | 160 376.80 |
EBIT | 9 884.00 | 2 973.00 | 11 549.00 | 33 121.07 | 25 961.16 |
Net earnings | 1 814.00 | 3 041.00 | 2 895.00 | 18 980.27 | 7 339.06 |
Shareholders equity total | 65 013.00 | 68 054.00 | 70 948.00 | 89 928.41 | 97 267.47 |
Balance sheet total (assets) | 522 191.00 | 543 935.00 | 592 403.00 | 625 170.82 | 798 564.28 |
Net debt | 199 132.38 | 266 119.10 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 0.6 % | 2.0 % | 5.5 % | 3.8 % |
ROE | 2.8 % | 4.6 % | 4.2 % | 23.8 % | 8.0 % |
ROI | 2.0 % | 0.6 % | 2.0 % | 6.0 % | 4.5 % |
Economic value added (EVA) | 3 926.19 | - 293.90 | 8 129.29 | 22 407.01 | 13 106.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 14.6 % | 12.2 % |
Gearing | 224.2 % | 275.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | |||
Current ratio | 0.9 | 0.9 | |||
Cash and cash equivalents | 2 482.60 | 2 183.57 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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