GITTES HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29421250
Ved Stranden 1, 9560 Hadsund

Company information

Official name
GITTES HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About GITTES HOLDING ApS

GITTES HOLDING ApS (CVR number: 29421250) is a company from MARIAGERFJORD. The company recorded a gross profit of -5.9 kDKK in 2024. The operating profit was -5.9 kDKK, while net earnings were 1977.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GITTES HOLDING ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-13.50-7.72-8.44-5.88-5.88
EBIT-13.50-7.72-8.44-5.88-5.88
Net earnings2 129.362 767.642 242.731 071.001 977.68
Shareholders equity total5 763.917 718.559 846.8810 800.0812 655.77
Balance sheet total (assets)8 934.339 718.1712 053.5313 123.3115 241.31
Net debt1 718.02433.86394.89393.65435.22
Profitability
EBIT-%
ROA29.5 %30.1 %20.8 %8.8 %14.1 %
ROE45.3 %41.1 %25.5 %10.4 %16.9 %
ROI35.0 %35.8 %24.6 %10.3 %16.4 %
Economic value added (EVA)107.02219.98237.12359.21424.81
Solvency
Equity ratio64.5 %79.4 %81.7 %82.3 %83.0 %
Gearing30.2 %5.6 %4.0 %3.6 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.50.50.5
Current ratio0.30.50.50.50.5
Cash and cash equivalents22.710.210.150.1530.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.