GEERTSENS INVESTERINGSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 24239454
Bjergbakken 15, 4100 Ringsted

Credit rating

Company information

Official name
GEERTSENS INVESTERINGSSELSKAB ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit452.87456.50429.80376.73342.45
EBIT- 112.73-18.80422.2697.26193.79
Net earnings- 371.48- 174.81168.30- 294.59- 205.81
Shareholders equity total915.04740.23908.53613.94408.13
Balance sheet total (assets)17 055.7016 801.9916 175.1715 204.5314 161.25
Net debt15 764.3211 589.6310 226.7910 603.9610 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- 423.59245.18-27.5023.87
Solvency
Equity ratio36.0 %36.5 %37.4 %34.7 %29.2 %
Gearing1722.8 %2114.4 %1636.6 %2320.1 %3288.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.91.10.90.6
Current ratio1.20.91.10.90.6
Cash and cash equivalents4 062.024 642.153 639.982 636.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:2.00%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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