GARVET HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28102208
Haslegårdsvej 10, Hasle 8210 Aarhus V

Company information

Official name
GARVET HOLDING ApS
Established
2004
Domicile
Hasle
Company form
Private limited company
Industry

About GARVET HOLDING ApS

GARVET HOLDING ApS (CVR number: 28102208) is a company from AARHUS. The company recorded a gross profit of -12.5 kDKK in 2024. The operating profit was -12.5 kDKK, while net earnings were 1146 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GARVET HOLDING ApS's liquidity measured by quick ratio was 45.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.63-10.63-14.50-11.88-12.50
EBIT-10.63-10.63-14.50-11.88-12.50
Net earnings289.091 394.89-1 036.86857.971 146.00
Shareholders equity total8 973.1710 168.068 631.209 289.1610 185.16
Balance sheet total (assets)9 058.7310 512.648 640.839 298.7910 396.32
Net debt-7 888.03-9 067.38-6 884.54-7 899.74-9 133.18
Profitability
EBIT-%
ROA5.0 %18.0 %3.4 %12.5 %15.0 %
ROE3.2 %14.6 %-11.0 %9.6 %11.8 %
ROI5.0 %18.4 %3.5 %12.5 %15.2 %
Economic value added (EVA)- 457.24- 459.18- 522.29- 443.03- 476.55
Solvency
Equity ratio99.1 %96.7 %99.9 %99.9 %98.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio102.628.9839.1902.245.9
Current ratio102.628.9839.1902.245.9
Cash and cash equivalents7 888.039 067.386 884.547 899.749 133.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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