GORMSGADES KONDITORI ApS — Credit Rating and Financial Key Figures

CVR number: 69481310
Gormsgade 26, 7100 Vejle
tel: 75724652
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Credit rating

Company information

Official name
GORMSGADES KONDITORI ApS
Established
1982
Company form
Private limited company
Industry

About GORMSGADES KONDITORI ApS

GORMSGADES KONDITORI ApS (CVR number: 69481310) is a company from VEJLE. The company recorded a gross profit of 407.1 kDKK in 2024. The operating profit was 341.2 kDKK, while net earnings were 154.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GORMSGADES KONDITORI ApS's liquidity measured by quick ratio was 1.5 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 profit179.35138.29233.69491.43407.09
EBIT142.05101.00196.39428.50341.24
Net earnings199.8166.3987.76253.95154.41
Shareholders equity total604.89371.28459.04348.72503.13
Balance sheet total (assets)5 221.544 829.534 807.524 578.544 386.38
Net debt3 253.503 466.79- 561.723 287.933 264.08
Profitability
EBIT-%
ROA6.6 %3.2 %4.1 %10.0 %7.9 %
ROE37.3 %13.6 %21.1 %62.9 %36.3 %
ROI7.0 %3.4 %4.4 %10.7 %8.3 %
Economic value added (EVA)- 142.48- 178.71-89.92293.5628.78
Solvency
Equity ratio11.6 %7.7 %9.5 %7.6 %11.5 %
Gearing719.1 %1133.4 %37.1 %1119.8 %742.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.01.81.41.5
Current ratio2.61.91.81.41.5
Cash and cash equivalents1 095.97741.25732.15616.94472.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.90%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.5%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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