Credit rating
Company information
About GARNHULEN ApS
GARNHULEN ApS (CVR number: 33589514) is a company from SØNDERBORG. The company recorded a gross profit of -185.1 kDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit was -560 kDKK, while net earnings were -562.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -159.7 %, which can be considered poor and Return on Equity (ROE) was -1228.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.1 %, 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. GARNHULEN ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 004.59 | 989.49 | 894.52 | |
Gross profit | 272.76 | 263.46 | 213.68 | - 185.07 |
EBIT | -93.29 | - 134.03 | - 190.23 | - 559.96 |
Net earnings | - 101.68 | - 142.36 | - 198.81 | - 562.77 |
Shareholders equity total | - 508.72 | 87.47 | 87.47 | 4.16 |
Balance sheet total (assets) | 684.15 | 673.74 | 659.83 | 41.38 |
Net debt | 88.72 | 47.88 | 62.55 | -41.38 |
Profitability | ||||
EBIT-% | -9.3 % | -13.5 % | -21.3 % | |
ROA | -7.8 % | -14.4 % | -28.5 % | -159.7 % |
ROE | -14.9 % | -36.9 % | -227.3 % | -1228.2 % |
ROI | -104.0 % | -116.7 % | -129.3 % | -706.4 % |
Economic value added (EVA) | -93.29 | - 108.04 | - 194.02 | - 563.76 |
Solvency | ||||
Equity ratio | -42.6 % | 13.0 % | 13.3 % | 10.1 % |
Gearing | -17.6 % | 60.0 % | 76.5 % | |
Relative net indebtedness % | 118.6 % | 58.8 % | 63.5 % | |
Liquidity | ||||
Quick ratio | 0.0 | 0.0 | 0.0 | 1.1 |
Current ratio | 0.5 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 1.01 | 4.57 | 4.35 | 41.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -56.1 % | 3.9 % | 5.8 % | |
Credit risk | ||||
Credit rating | B | B | B | C |
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