Gartnerens Ven ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Gartnerens Ven ApS
Gartnerens Ven ApS (CVR number: 39355876) is a company from SLAGELSE. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a growth of 42.3 % compared to the previous year. The operating profit percentage was at 12.5 % (EBIT: 0.3 mDKK), while net earnings were 226.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Gartnerens Ven ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 068.86 | 1 559.34 | 2 219.29 | ||
Gross profit | 757.25 | 806.27 | 846.34 | 1 048.57 | 1 452.27 |
EBIT | 199.94 | 46.85 | 118.08 | 227.77 | 278.08 |
Net earnings | 152.88 | 10.64 | 79.95 | 159.41 | 226.35 |
Shareholders equity total | 200.56 | 211.20 | 291.15 | 450.56 | 676.92 |
Balance sheet total (assets) | 511.32 | 957.11 | 1 338.79 | 1 221.41 | 1 356.67 |
Net debt | - 171.96 | - 138.40 | 21.11 | 143.46 | 36.81 |
Profitability | |||||
EBIT-% | 11.0 % | 14.6 % | 12.5 % | ||
ROA | 49.1 % | 6.4 % | 15.3 % | 18.1 % | 23.9 % |
ROE | 123.2 % | 5.2 % | 31.8 % | 43.0 % | 40.2 % |
ROI | 158.5 % | 10.5 % | 23.5 % | 26.5 % | 29.8 % |
Economic value added (EVA) | 153.00 | 32.71 | 81.58 | 171.42 | 206.46 |
Solvency | |||||
Equity ratio | 39.2 % | 22.1 % | 21.7 % | 36.9 % | 49.9 % |
Gearing | 0.8 % | 1.1 % | 174.5 % | 109.7 % | 66.2 % |
Relative net indebtedness % | 52.5 % | 26.9 % | 12.1 % | ||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 1.2 | 1.9 | 2.5 |
Current ratio | 0.7 | 0.6 | 1.2 | 1.9 | 2.5 |
Cash and cash equivalents | 173.62 | 140.69 | 486.83 | 350.92 | 411.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.7 | 23.4 | 16.4 | ||
Net working capital % | 9.3 % | 16.8 % | 16.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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