Gitter Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37394939
Frederiks Plads 26, 8000 Aarhus C

Company information

Official name
Gitter Holding ApS
Established
2016
Company form
Private limited company
Industry

About Gitter Holding ApS

Gitter Holding ApS (CVR number: 37394939) is a company from AARHUS. The company recorded a gross profit of -28.7 kDKK in 2023. The operating profit was -28.7 kDKK, while net earnings were 1020.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Gitter Holding ApS's liquidity measured by quick ratio was 3.9 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 profit-4.75-4.38-5.00-6.25-28.70
EBIT-4.75-4.38-5.00-6.25-28.70
Net earnings408.01320.38909.241 412.771 020.27
Shareholders equity total1 788.901 998.682 794.914 093.294 995.75
Balance sheet total (assets)2 139.252 359.433 166.364 475.445 391.00
Net debt- 413.68- 824.07- 946.29-1 113.98-1 170.38
Profitability
EBIT-%
ROA20.7 %14.9 %33.6 %37.5 %20.9 %
ROE24.3 %16.9 %37.9 %41.0 %22.5 %
ROI20.7 %14.9 %33.7 %37.6 %20.9 %
Economic value added (EVA)76.0077.6570.48103.64139.55
Solvency
Equity ratio83.6 %84.7 %88.3 %91.5 %92.7 %
Gearing19.4 %17.9 %13.2 %9.2 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.33.63.93.9
Current ratio2.33.33.63.93.9
Cash and cash equivalents760.281 181.071 313.991 492.381 560.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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