GARIA ApS
Credit rating
Company information
About GARIA ApS
GARIA ApS (CVR number: 31583136) is a company from GREVE. The company reported a net sales of 203.2 mDKK in 2023, demonstrating a decline of -30.6 % compared to the previous year. The operating profit percentage was poor at -22.7 % (EBIT: -46.1 mDKK), while net earnings were -41.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GARIA ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.72 | 134.71 | 292.89 | 203.20 | |
Gross profit | 5.23 | 8.74 | -0.30 | 17.76 | -18.79 |
EBIT | -17.22 | -32.34 | -34.68 | -26.20 | -46.12 |
Net earnings | -18.11 | -36.73 | -30.82 | -18.54 | -41.94 |
Shareholders equity total | 38.24 | 37.62 | 6.68 | 287.02 | 249.79 |
Balance sheet total (assets) | 193.46 | 176.42 | 184.87 | 346.34 | 355.71 |
Net debt | -0.03 | -0.03 | 140.04 | -8.88 | 55.63 |
Profitability | |||||
EBIT-% | -27.7 % | -25.7 % | -8.9 % | -22.7 % | |
ROA | -10.3 % | -20.1 % | -20.6 % | -6.6 % | -11.3 % |
ROE | -38.1 % | -96.8 % | -139.2 % | -12.6 % | -15.6 % |
ROI | -32.8 % | -69.3 % | -33.8 % | -7.6 % | -12.8 % |
Economic value added (EVA) | -15.91 | -26.98 | -27.76 | -25.89 | -52.93 |
Solvency | |||||
Equity ratio | 19.8 % | 21.3 % | 3.6 % | 82.9 % | 70.2 % |
Gearing | 2097.9 % | 23.3 % | |||
Relative net indebtedness % | 104.6 % | 118.1 % | 12.7 % | 44.0 % | |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.7 | 2.6 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.1 | 4.3 | 2.1 |
Cash and cash equivalents | 0.03 | 0.03 | 0.03 | 8.88 | 2.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.4 | 44.6 | 28.7 | 29.1 | |
Net working capital % | 33.7 % | 14.7 % | 52.0 % | 51.0 % | |
Credit risk | |||||
Credit rating | B | BB | B | BBB | BB |
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