GATE Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GATE Invest ApS
GATE Invest ApS (CVR number: 38218646) is a company from RUDERSDAL. The company recorded a gross profit of -546.5 kDKK in 2023. The operating profit was -546.5 kDKK, while net earnings were -932.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GATE Invest 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 | - 162.98 | - 141.71 | - 224.74 | - 573.77 | - 546.53 |
EBIT | - 162.98 | - 141.71 | - 224.74 | - 573.77 | - 546.53 |
Net earnings | 274.49 | 77.83 | 1 012.63 | -2 779.59 | - 932.90 |
Shareholders equity total | 1 970.01 | 2 047.85 | 3 060.47 | 280.88 | - 652.02 |
Balance sheet total (assets) | 23 824.63 | 32 004.63 | 36 578.56 | 41 878.44 | 61 987.33 |
Net debt | 20 921.33 | 29 867.58 | 33 342.17 | 41 039.51 | 51 768.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 4.9 % | 6.5 % | 4.1 % | 4.0 % |
ROE | 15.0 % | 3.9 % | 39.6 % | -166.4 % | -3.0 % |
ROI | 5.0 % | 5.0 % | 6.6 % | 4.1 % | 4.4 % |
Economic value added (EVA) | 1 270.47 | - 236.14 | - 324.67 | - 709.27 | - 389.61 |
Solvency | |||||
Equity ratio | 8.3 % | 6.4 % | 8.4 % | 0.7 % | -1.0 % |
Gearing | 1064.4 % | 1459.2 % | 1092.4 % | 14779.0 % | -7967.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.8 | 0.8 | 0.6 |
Current ratio | 0.9 | 0.8 | 0.8 | 0.8 | 0.6 |
Cash and cash equivalents | 46.99 | 15.40 | 90.13 | 471.61 | 181.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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