Gantech Holding A/S — Credit Rating and Financial Key Figures

CVR number: 40545727
Industrivej 72, 6760 Ribe

Company information

Official name
Gantech Holding A/S
Established
2019
Company form
Limited company
Industry

About Gantech Holding A/S

Gantech Holding A/S (CVR number: 40545727) is a company from ESBJERG. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a growth of 52.4 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 2.5 mDKK), while net earnings were 2353.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. Gantech Holding A/S's liquidity measured by quick ratio was 14.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 435.007 432.0011 324.001 635.002 491.45
Gross profit3 419.007 412.0011 306.001 365.002 472.57
EBIT3 419.007 412.0011 306.001 365.002 472.57
Net earnings3 421.007 416.0011 310.001 120.002 353.93
Shareholders equity total11 533.0016 399.0021 724.0021 120.0023 474.25
Balance sheet total (assets)11 598.0017 915.0032 839.0033 242.0035 344.90
Net debt3.001 488.0011 088.009 455.007 529.99
Profitability
EBIT-%99.5 %99.7 %99.8 %83.5 %99.2 %
ROA30.9 %50.2 %44.7 %5.9 %8.5 %
ROE31.1 %53.1 %59.3 %5.2 %10.6 %
ROI31.1 %50.3 %44.7 %5.9 %8.5 %
Economic value added (EVA)3 658.427 369.7211 766.722 249.872 791.43
Solvency
Equity ratio99.4 %91.5 %66.2 %63.5 %66.4 %
Gearing0.4 %9.1 %51.1 %57.3 %50.5 %
Relative net indebtedness %0.5 %20.2 %98.0 %579.2 %302.8 %
Liquidity
Quick ratio40.51.01.010.614.3
Current ratio40.51.01.010.614.3
Cash and cash equivalents47.0012.0012.002 652.004 325.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %74.7 %0.0 %512.5 %330.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:8.52%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board

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