GARMIN DANMARK EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 30520165
Hejrevang 19, 3450 Allerød
boghold@garmin.dk
tel: 48105000

Company information

Official name
GARMIN DANMARK EJENDOMME ApS
Established
2008
Company form
Private limited company
Industry

About GARMIN DANMARK EJENDOMME ApS

GARMIN DANMARK EJENDOMME ApS (CVR number: 30520165) is a company from ALLERØD. The company recorded a gross profit of 2418 kDKK in 2024. The operating profit was 2101 kDKK, while net earnings were 1696 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GARMIN DANMARK EJENDOMME ApS's liquidity measured by quick ratio was 4.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 151.112 216.222 256.002 346.002 418.00
EBIT1 834.001 899.101 939.002 029.002 101.00
Net earnings1 408.741 461.021 503.001 639.001 696.00
Shareholders equity total18 133.6916 594.7115 097.0014 736.0013 932.00
Balance sheet total (assets)19 934.7518 215.7316 815.0016 578.0015 869.00
Net debt-4 807.23-3 405.33-2 322.00-2 402.00-2 010.00
Profitability
EBIT-%
ROA9.1 %10.0 %11.1 %12.6 %13.4 %
ROE7.6 %8.4 %9.5 %11.0 %11.8 %
ROI9.5 %10.4 %11.5 %13.1 %13.9 %
Economic value added (EVA)489.59570.08678.48823.46897.81
Solvency
Equity ratio91.0 %91.1 %89.8 %88.9 %87.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.45.33.53.34.9
Current ratio5.45.33.53.34.9
Cash and cash equivalents4 807.233 405.332 322.002 402.002 010.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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