GULDSMED VAGN DRACHMANN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GULDSMED VAGN DRACHMANN ApS
GULDSMED VAGN DRACHMANN ApS (CVR number: 36034807) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -17.3 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 0 mDKK), while net earnings were 25.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GULDSMED VAGN DRACHMANN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 165.19 | 589.07 | 276.83 | 565.79 | 467.65 |
Gross profit | 83.81 | 231.74 | 82.40 | 166.13 | 62.64 |
EBIT | 60.65 | 201.28 | 51.58 | 17.07 | 32.50 |
Net earnings | 45.23 | 152.91 | 37.53 | 11.87 | 25.27 |
Shareholders equity total | 68.58 | 266.72 | 304.25 | 201.72 | 109.19 |
Balance sheet total (assets) | 1 882.78 | 1 222.63 | 968.54 | 981.08 | 619.39 |
Net debt | - 470.17 | 701.47 | 419.75 | 325.72 | 62.29 |
Profitability | |||||
EBIT-% | 36.7 % | 34.2 % | 18.6 % | 3.0 % | 6.9 % |
ROA | 3.2 % | 13.0 % | 4.7 % | 1.8 % | 4.1 % |
ROE | 66.0 % | 91.2 % | 13.1 % | 4.7 % | 16.3 % |
ROI | 88.4 % | 34.3 % | 5.1 % | 2.0 % | 5.1 % |
Economic value added (EVA) | 67.77 | 177.49 | 31.79 | 8.41 | 25.94 |
Solvency | |||||
Equity ratio | 3.6 % | 21.8 % | 31.4 % | 20.6 % | 17.6 % |
Gearing | 314.4 % | 206.6 % | 268.0 % | 396.4 % | |
Relative net indebtedness % | 813.6 % | 139.0 % | 164.5 % | 99.8 % | 29.9 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.3 | 0.3 | 0.7 |
Current ratio | 1.0 | 1.3 | 1.5 | 1.3 | 1.2 |
Cash and cash equivalents | 470.17 | 137.11 | 208.84 | 214.88 | 370.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 33.9 % | 45.3 % | 109.9 % | 35.7 % | 23.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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