GEELMUYDEN.KIESE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GEELMUYDEN.KIESE A/S
GEELMUYDEN.KIESE A/S (CVR number: 20816899) is a company from KØBENHAVN. The company reported a net sales of 74.4 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 8.5 mDKK), while net earnings were 6298.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 81.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. GEELMUYDEN.KIESE A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 47.96 | 53.20 | 70.27 | 74.44 | |
Gross profit | 27.38 | 31.05 | 35.75 | 44.88 | 52.99 |
EBIT | 3.65 | 4.88 | 6.21 | 10.08 | 8.48 |
Net earnings | 2.76 | 3.69 | 4.67 | 7.86 | 6.30 |
Shareholders equity total | 3.97 | 4.86 | 6.13 | 8.49 | 6.99 |
Balance sheet total (assets) | 16.15 | 21.89 | 19.68 | 24.20 | 30.50 |
Net debt | -3.69 | -11.03 | -3.87 | -1.97 | 1.69 |
Profitability | |||||
EBIT-% | 10.2 % | 11.7 % | 14.3 % | 11.4 % | |
ROA | 28.5 % | 25.9 % | 30.4 % | 47.8 % | 31.6 % |
ROE | 106.6 % | 83.5 % | 85.1 % | 107.5 % | 81.4 % |
ROI | 112.4 % | 78.9 % | 72.8 % | 109.0 % | 81.1 % |
Economic value added (EVA) | 2.78 | 3.79 | 5.17 | 7.76 | 6.28 |
Solvency | |||||
Equity ratio | 31.1 % | 28.0 % | 37.9 % | 37.2 % | 26.3 % |
Gearing | 15.0 % | 17.1 % | 18.0 % | 15.1 % | 64.8 % |
Relative net indebtedness % | 10.8 % | 16.1 % | 17.7 % | 27.8 % | |
Liquidity | |||||
Quick ratio | 1.7 | 2.0 | 2.4 | 1.9 | 1.6 |
Current ratio | 1.2 | 1.4 | 1.7 | 1.7 | 1.3 |
Cash and cash equivalents | 4.28 | 11.86 | 4.97 | 3.24 | 2.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.7 | 81.5 | 84.5 | 75.2 | |
Net working capital % | 12.5 % | 13.9 % | 13.7 % | 9.6 % | |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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