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Garnskov ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Garnskov ApS
Garnskov ApS (CVR number: 43221469) is a company from SILKEBORG. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 89.3 % (EBIT: 0.3 mDKK), while net earnings were 124.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Garnskov ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 335.77 | 330.18 | 329.43 |
| Gross profit | 357.55 | 274.95 | 294.32 |
| EBIT | 293.25 | 274.95 | 294.32 |
| Net earnings | 1 056.88 | 233.83 | 124.67 |
| Shareholders equity total | 1 096.88 | 1 330.73 | 1 455.40 |
| Balance sheet total (assets) | 4 324.58 | 4 589.40 | 4 582.91 |
| Net debt | -87.32 | 2 435.21 | 2 638.95 |
| Profitability | |||
| EBIT-% | 87.3 % | 83.3 % | 89.3 % |
| ROA | 6.8 % | 9.6 % | 6.7 % |
| ROE | 96.4 % | 19.3 % | 8.9 % |
| ROI | 21.3 % | 15.6 % | 7.2 % |
| Economic value added (EVA) | 228.62 | 144.87 | 23.66 |
| Solvency | |||
| Equity ratio | 25.4 % | 29.0 % | 31.8 % |
| Gearing | 183.1 % | 182.1 % | |
| Relative net indebtedness % | 849.7 % | 886.4 % | 842.9 % |
| Liquidity | |||
| Quick ratio | 3.4 | 2.6 | 2.5 |
| Current ratio | 3.4 | 2.6 | 2.5 |
| Cash and cash equivalents | 87.32 | 1.65 | 10.80 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | 47.2 % | 63.2 % | 61.0 % |
| Credit risk | |||
| Credit rating | BBB | A | A |
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