GEDSTED FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 67084012
Holmmarkvej 109 B, Hverrehus 9631 Gedsted
margitpeder@gmail.com
tel: 40345199

Company information

Official name
GEDSTED FINANS ApS
Established
1981
Domicile
Hverrehus
Company form
Private limited company
Industry

About GEDSTED FINANS ApS

GEDSTED FINANS ApS (CVR number: 67084012) is a company from VIBORG. The company recorded a gross profit of 240.2 kDKK in 2023. The operating profit was 187.1 kDKK, while net earnings were 240 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. GEDSTED FINANS ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit204.28136.2840.39175.08240.19
EBIT115.40- 321.18- 139.6186.97187.07
Net earnings1.98- 321.14- 293.41- 376.44239.97
Shareholders equity total3 386.403 065.262 771.842 395.402 635.37
Balance sheet total (assets)12 817.2412 053.4311 504.2511 367.0111 744.90
Net debt6 968.337 093.426 281.015 671.954 933.38
Profitability
EBIT-%
ROA2.8 %-0.1 %1.5 %2.8 %5.2 %
ROE0.1 %-10.0 %-10.1 %-14.6 %9.5 %
ROI3.4 %-0.1 %1.5 %2.9 %5.4 %
Economic value added (EVA)-5.90- 473.06- 217.3120.69154.39
Solvency
Equity ratio26.4 %25.4 %24.1 %21.5 %22.4 %
Gearing240.6 %271.6 %297.1 %349.6 %326.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.30.4
Current ratio0.20.20.30.30.4
Cash and cash equivalents1 179.371 230.431 954.642 702.703 659.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.17%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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