K/S GERDSHAGEN II — Credit Rating and Financial Key Figures

CVR number: 28994370
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Credit rating

Company information

Official name
K/S GERDSHAGEN II
Personnel
1 person
Established
2005
Company form
Limited partnership
Industry

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 financials

Net sales (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales406.58399.34358.70
Gross profit295.82292.66245.54461.84152.02
EBIT128.72125.5678.44294.74-15.08
Net earnings99.70107.4157.17258.04-35.31
Shareholders equity total744.79735.41692.59650.62405.31
Balance sheet total (assets)1 096.95891.05736.41699.26471.82
Net debt295.89128.0330.76-91.99-60.56
Profitability
EBIT-%31.7 %31.4 %21.9 %
ROA10.9 %12.6 %9.6 %41.1 %-2.6 %
ROE13.4 %14.5 %8.0 %38.4 %-6.7 %
ROI11.1 %13.0 %9.9 %42.8 %-2.9 %
Economic value added (EVA)65.8077.1826.08227.11-76.62
Solvency
Equity ratio67.9 %82.5 %94.0 %93.0 %85.9 %
Gearing43.2 %17.8 %4.8 %
Relative net indebtedness %80.2 %38.2 %11.5 %
Liquidity
Quick ratio0.40.41.74.22.2
Current ratio0.40.41.74.22.2
Cash and cash equivalents25.953.232.5091.9960.56
Capital use efficiency
Trade debtors turnover (days)42.831.143.5
Net working capital %-31.2 %-23.1 %8.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.58%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.9%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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