GAMMELRAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GAMMELRAND HOLDING A/S
GAMMELRAND HOLDING A/S (CVR number: 32654797K) is a company from KALUNDBORG. The company recorded a gross profit of 37 mDKK in 2024. The operating profit was 13 mDKK, while net earnings were 22.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. GAMMELRAND HOLDING A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 37 739.00 | 46 476.00 | 47 925.00 | 40 731.51 | 37 046.01 |
EBIT | 21 277.00 | 25 657.00 | 25 126.00 | 18 609.46 | 13 006.85 |
Net earnings | 19 028.00 | 31 963.00 | 10 048.00 | 25 956.48 | 22 658.65 |
Shareholders equity total | 168 142.00 | 190 105.00 | 195 153.00 | 216 109.64 | 228 768.29 |
Balance sheet total (assets) | 193 502.00 | 210 010.00 | 221 868.00 | 241 837.00 | 293 067.54 |
Net debt | -77 089.97 | -27 841.47 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 12.7 % | 11.6 % | 14.5 % | 11.5 % |
ROE | 11.6 % | 17.8 % | 5.2 % | 12.6 % | 10.2 % |
ROI | 11.1 % | 12.7 % | 11.6 % | 15.1 % | 12.4 % |
Economic value added (EVA) | 13 281.57 | 17 207.86 | 15 573.22 | 4 666.92 | -1 167.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 89.4 % | 78.1 % |
Gearing | 3.0 % | 20.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 1.5 | |||
Current ratio | 5.5 | 2.0 | |||
Cash and cash equivalents | 83 472.49 | 74 233.57 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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