GETHER CONTEMPORARY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GETHER CONTEMPORARY ApS
GETHER CONTEMPORARY ApS (CVR number: 35868038) is a company from KØBENHAVN. The company recorded a gross profit of 832.7 kDKK in 2023. The operating profit was -442.6 kDKK, while net earnings were -369.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.4 %, which can be considered poor and Return on Equity (ROE) was -79 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GETHER CONTEMPORARY ApS's liquidity measured by quick ratio was 0.5 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 | 793.91 | 1 093.78 | 1 466.79 | 1 711.17 | 832.73 |
EBIT | 48.40 | 33.21 | 51.62 | 25.60 | - 442.63 |
Net earnings | 30.37 | 14.18 | 28.99 | 5.75 | - 369.06 |
Shareholders equity total | 84.19 | 98.36 | 127.36 | 133.11 | - 235.95 |
Balance sheet total (assets) | 1 105.68 | 1 043.74 | 1 485.41 | 1 803.63 | 801.63 |
Net debt | - 304.23 | - 674.77 | - 808.44 | -1 088.75 | - 226.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 3.4 % | 4.1 % | 2.6 % | -30.4 % |
ROE | 44.0 % | 15.5 % | 25.7 % | 4.4 % | -79.0 % |
ROI | 54.5 % | 27.6 % | 30.1 % | 22.4 % | -364.8 % |
Economic value added (EVA) | 54.69 | 35.51 | 64.46 | 55.17 | - 302.95 |
Solvency | |||||
Equity ratio | 7.6 % | 9.4 % | 8.6 % | 7.4 % | -22.7 % |
Gearing | 20.6 % | 53.5 % | 43.2 % | 37.7 % | -20.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 0.9 | 1.0 | 0.5 |
Current ratio | 0.9 | 1.0 | 0.9 | 1.0 | 0.5 |
Cash and cash equivalents | 321.60 | 727.40 | 863.51 | 1 138.99 | 275.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | C |
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