GATE GOURMET DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 23370212
Kystvejen 42, 2770 Kastrup
tel: 32470888

Company information

Official name
GATE GOURMET DENMARK ApS
Personnel
399 persons
Established
1969
Company form
Private limited company
Industry

About GATE GOURMET DENMARK ApS

GATE GOURMET DENMARK ApS (CVR number: 23370212) is a company from TÅRNBY. The company reported a net sales of 297.3 mDKK in 2023, demonstrating a decline of -15.8 % compared to the previous year. The operating profit percentage was poor at -11.4 % (EBIT: -34 mDKK), while net earnings were -38.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -21.9 %, which can be considered poor and Return on Equity (ROE) was -61.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GATE GOURMET DENMARK ApS's liquidity measured by quick ratio was 0.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales562.00187.00192.00353.15297.31
Gross profit431.00224.00185.00249.25192.97
EBIT431.00224.00185.00-3.24-33.96
Net earnings-5.00- 108.0026.00- 170.52-38.70
Shareholders equity total44.00-64.00-38.006.45-32.25
Balance sheet total (assets)308.00228.00196.00157.02119.93
Net debt-5.052.77
Profitability
EBIT-%76.7 %119.8 %96.4 %-0.9 %-11.4 %
ROA161.3 %74.7 %70.3 %81.0 %-21.9 %
ROE-10.7 %1080.0 %-51.0 %1081.1 %-61.2 %
ROI211.5 %74.7 %70.3 %-117.7 %-83.5 %
Economic value added (EVA)431.80221.79188.22-1.33-33.86
Solvency
Equity ratio100.0 %4.1 %-21.4 %
Gearing50.2 %-15.0 %
Relative net indebtedness %40.3 %50.5 %
Liquidity
Quick ratio1.20.8
Current ratio1.30.8
Cash and cash equivalents8.292.07
Capital use efficiency
Trade debtors turnover (days)21.634.9
Net working capital %6.4 %-5.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-21.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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