GERMINATION AF 2008 ApS — Credit Rating and Financial Key Figures

CVR number: 31330408
Østbanegade 123, 2100 København Ø

Credit rating

Company information

Official name
GERMINATION AF 2008 ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings905.12156.46198.604 465.79404.02
Shareholders equity total3 512.143 668.602 963.196 513.785 098.61
Balance sheet total (assets)10 889.2017 295.0617 682.9821 430.4920 746.99
Net debt472.52-6 245.10-5 063.55-8 966.54-7 815.09
Profitability
EBIT-%
ROA14.0 %3.4 %3.2 %26.1 %2.0 %
ROE29.6 %4.4 %6.0 %94.2 %7.0 %
ROI15.5 %7.1 %16.6 %107.8 %6.8 %
Economic value added (EVA)70.1893.03117.6093.07107.01
Solvency
Equity ratio32.3 %21.2 %16.8 %30.4 %24.6 %
Gearing178.1 %9.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.50.40.60.6
Current ratio0.80.50.40.60.6
Cash and cash equivalents5 783.976 245.105 063.558 966.548 316.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:1.95%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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