GEERTSENS INVESTERINGSSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GEERTSENS INVESTERINGSSELSKAB ApS
GEERTSENS INVESTERINGSSELSKAB ApS (CVR number: 24239454) is a company from RINGSTED. The company recorded a gross profit of 342.5 kDKK in 2023. The operating profit was 193.8 kDKK, while net earnings were -205.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -40.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. GEERTSENS INVESTERINGSSELSKAB ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 452.87 | 456.50 | 429.80 | 376.73 | 342.45 |
EBIT | - 112.73 | -18.80 | 422.26 | 97.26 | 193.79 |
Net earnings | - 371.48 | - 174.81 | 168.30 | - 294.59 | - 205.81 |
Shareholders equity total | 915.04 | 740.23 | 908.53 | 613.94 | 408.13 |
Balance sheet total (assets) | 17 055.70 | 16 801.99 | 16 175.17 | 15 204.53 | 14 161.25 |
Net debt | 15 764.32 | 11 589.63 | 10 226.79 | 10 603.96 | 10 782.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | 1.4 % | 3.4 % | 1.4 % | 2.0 % |
ROE | -33.7 % | -21.1 % | 20.4 % | -38.7 % | -40.3 % |
ROI | -0.7 % | 1.5 % | 3.4 % | 1.4 % | 2.0 % |
Economic value added (EVA) | - 321.96 | - 423.59 | 245.18 | -27.50 | 23.87 |
Solvency | |||||
Equity ratio | 36.0 % | 36.5 % | 37.4 % | 34.7 % | 29.2 % |
Gearing | 1722.8 % | 2114.4 % | 1636.6 % | 2320.1 % | 3288.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.9 | 1.1 | 0.9 | 0.6 |
Current ratio | 1.2 | 0.9 | 1.1 | 0.9 | 0.6 |
Cash and cash equivalents | 4 062.02 | 4 642.15 | 3 639.98 | 2 636.33 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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