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GARDIN-LAVGESEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GARDIN-LAVGESEN ApS
GARDIN-LAVGESEN ApS (CVR number: 60989117) is a company from SILKEBORG. The company recorded a gross profit of 695.5 kDKK in 2024. The operating profit was -1 kDKK, while net earnings were -75.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 457.66 | 1 504.22 | 1 309.34 | 1 360.20 | 695.50 |
| EBIT | 793.80 | 731.40 | 529.77 | 673.93 | -0.99 |
| Net earnings | 846.00 | 722.50 | 277.73 | 470.86 | -75.33 |
| Shareholders equity total | 4 034.05 | 4 056.54 | 4 134.27 | 4 405.13 | 4 329.81 |
| Balance sheet total (assets) | 5 528.22 | 5 610.61 | 5 897.82 | 6 036.88 | 5 937.67 |
| Net debt | -2 176.76 | -1 723.33 | -1 858.27 | -2 535.53 | -2 271.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.4 % | 16.8 % | 8.6 % | 12.0 % | 0.3 % |
| ROE | 22.5 % | 17.9 % | 6.8 % | 11.0 % | -1.7 % |
| ROI | 24.9 % | 19.6 % | 8.9 % | 13.5 % | 0.1 % |
| Economic value added (EVA) | 419.24 | 335.05 | 151.10 | 240.35 | - 269.55 |
| Solvency | |||||
| Equity ratio | 73.0 % | 72.3 % | 70.1 % | 73.0 % | 72.9 % |
| Gearing | 14.0 % | 20.6 % | 27.4 % | 21.3 % | 28.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 2.2 | 2.1 | 2.6 | 2.6 |
| Current ratio | 2.5 | 2.3 | 2.3 | 2.6 | 2.7 |
| Cash and cash equivalents | 2 741.67 | 2 557.99 | 2 989.77 | 3 474.81 | 3 510.87 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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