K/S GERDSHAGEN II
Credit rating
Company information
About K/S GERDSHAGEN II
K/S GERDSHAGEN II (CVR number: 28994370) is a company from MARIAGERFJORD. The company recorded a gross profit of 152 kEUR in 2023. The operating profit was -15.1 kEUR, while net earnings were -35.3 kEUR. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S GERDSHAGEN II's liquidity measured by quick ratio was 2.2 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 406.58 | 399.34 | 358.70 | ||
Gross profit | 295.82 | 292.66 | 245.54 | 461.84 | 152.02 |
EBIT | 128.72 | 125.56 | 78.44 | 294.74 | -15.08 |
Net earnings | 99.70 | 107.41 | 57.17 | 258.04 | -35.31 |
Shareholders equity total | 744.79 | 735.41 | 692.59 | 650.62 | 405.31 |
Balance sheet total (assets) | 1 096.95 | 891.05 | 736.41 | 699.26 | 471.82 |
Net debt | 295.89 | 128.03 | 30.76 | -91.99 | -60.56 |
Profitability | |||||
EBIT-% | 31.7 % | 31.4 % | 21.9 % | ||
ROA | 10.9 % | 12.6 % | 9.6 % | 41.1 % | -2.6 % |
ROE | 13.4 % | 14.5 % | 8.0 % | 38.4 % | -6.7 % |
ROI | 11.1 % | 13.0 % | 9.9 % | 42.8 % | -2.9 % |
Economic value added (EVA) | 65.80 | 77.18 | 26.08 | 227.11 | -76.62 |
Solvency | |||||
Equity ratio | 67.9 % | 82.5 % | 94.0 % | 93.0 % | 85.9 % |
Gearing | 43.2 % | 17.8 % | 4.8 % | ||
Relative net indebtedness % | 80.2 % | 38.2 % | 11.5 % | ||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 1.7 | 4.2 | 2.2 |
Current ratio | 0.4 | 0.4 | 1.7 | 4.2 | 2.2 |
Cash and cash equivalents | 25.95 | 3.23 | 2.50 | 91.99 | 60.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.8 | 31.1 | 43.5 | ||
Net working capital % | -31.2 % | -23.1 % | 8.9 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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