GARDIN-LAVGESEN ApS — Credit Rating and Financial Key Figures

CVR number: 60989117
Søndergade 7, 8620 Kjellerup
tel: 86882186

Credit rating

Company information

Official name
GARDIN-LAVGESEN ApS
Personnel
1 person
Established
1981
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About GARDIN-LAVGESEN ApS

GARDIN-LAVGESEN ApS (CVR number: 60989117) is a company from SILKEBORG. The company recorded a gross profit of 1360.2 kDKK in 2023. The operating profit was 673.9 kDKK, while net earnings were 470.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GARDIN-LAVGESEN ApS's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 153.961 457.661 504.221 309.341 360.20
EBIT508.27793.80731.40529.77673.93
Net earnings697.29846.00722.50277.73470.86
Shareholders equity total3 488.054 034.054 056.544 134.274 405.13
Balance sheet total (assets)4 909.595 528.225 610.615 897.826 036.88
Net debt-1 744.39-2 176.76-1 723.33-1 858.27-2 535.53
Profitability
EBIT-%
ROA20.4 %20.4 %16.8 %8.6 %12.0 %
ROE22.2 %22.5 %17.9 %6.8 %11.0 %
ROI25.2 %24.9 %19.6 %8.9 %13.5 %
Economic value added (EVA)395.91663.15637.84478.53592.79
Solvency
Equity ratio71.0 %73.0 %72.3 %70.1 %73.0 %
Gearing12.7 %14.0 %20.6 %27.4 %21.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.32.22.12.6
Current ratio2.32.52.32.32.6
Cash and cash equivalents2 187.782 741.672 557.992 989.773 474.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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