DET GAMLE RÅDHUS APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DET GAMLE RÅDHUS APS
DET GAMLE RÅDHUS APS (CVR number: 36981393) is a company from SØNDERBORG. The company recorded a gross profit of 5063.3 kDKK in 2023. The operating profit was -242.3 kDKK, while net earnings were -143.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. DET GAMLE RÅDHUS APS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 637.48 | 3 168.28 | 4 428.70 | 5 761.03 | 5 063.30 |
EBIT | -1 695.94 | - 254.09 | 270.00 | 239.87 | - 242.28 |
Net earnings | -1 333.75 | - 245.46 | 203.49 | 1.56 | - 143.64 |
Shareholders equity total | 2 111.38 | 1 865.92 | 2 069.41 | 2 070.97 | 1 927.32 |
Balance sheet total (assets) | 3 593.01 | 3 109.04 | 3 113.19 | 3 084.94 | 2 935.32 |
Net debt | -1 651.29 | - 231.33 | - 284.15 | - 480.68 | -1 936.96 |
Profitability | |||||
EBIT-% | |||||
ROA | -51.0 % | -7.4 % | 9.0 % | 8.5 % | -6.7 % |
ROE | -80.4 % | -12.3 % | 10.3 % | 0.1 % | -7.2 % |
ROI | -83.5 % | -12.2 % | 14.2 % | 12.8 % | -10.0 % |
Economic value added (EVA) | -1 324.96 | - 353.27 | 105.79 | 66.32 | - 274.56 |
Solvency | |||||
Equity ratio | 59.8 % | 60.4 % | 67.6 % | 67.1 % | 66.6 % |
Gearing | 2.1 % | 2.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.2 | 2.9 | 2.8 | 2.9 |
Current ratio | 2.3 | 2.2 | 2.7 | 2.8 | 2.7 |
Cash and cash equivalents | 1 696.56 | 231.33 | 284.15 | 480.68 | 1 985.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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