GERMINATION AF 2008 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GERMINATION AF 2008 ApS
GERMINATION AF 2008 ApS (CVR number: 31330408) is a company from KØBENHAVN. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were 404 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GERMINATION AF 2008 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27.36 | -29.76 | -16.71 | -17.57 | -16.13 |
EBIT | -27.36 | -29.76 | -16.71 | -17.57 | -16.13 |
Net earnings | 905.12 | 156.46 | 198.60 | 4 465.79 | 404.02 |
Shareholders equity total | 3 512.14 | 3 668.60 | 2 963.19 | 6 513.78 | 5 098.61 |
Balance sheet total (assets) | 10 889.20 | 17 295.06 | 17 682.98 | 21 430.49 | 20 746.99 |
Net debt | 472.52 | -6 245.10 | -5 063.55 | -8 966.54 | -7 815.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 3.4 % | 3.2 % | 26.1 % | 2.0 % |
ROE | 29.6 % | 4.4 % | 6.0 % | 94.2 % | 7.0 % |
ROI | 15.5 % | 7.1 % | 16.6 % | 107.8 % | 6.8 % |
Economic value added (EVA) | 70.18 | 93.03 | 117.60 | 93.07 | 107.01 |
Solvency | |||||
Equity ratio | 32.3 % | 21.2 % | 16.8 % | 30.4 % | 24.6 % |
Gearing | 178.1 % | 9.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.5 | 0.4 | 0.6 | 0.6 |
Current ratio | 0.8 | 0.5 | 0.4 | 0.6 | 0.6 |
Cash and cash equivalents | 5 783.97 | 6 245.10 | 5 063.55 | 8 966.54 | 8 316.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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