GARTNERNES FJERNVARMEFORSYNING I ODENSE NORD ApS — Credit Rating and Financial Key Figures

CVR number: 81815119
Sanderumvej 16, Sanderum 5250 Odense SV
tel: 63171900

Credit rating

Company information

Official name
GARTNERNES FJERNVARMEFORSYNING I ODENSE NORD ApS
Personnel
1 person
Established
1977
Domicile
Sanderum
Company form
Private limited company
Industry

About GARTNERNES FJERNVARMEFORSYNING I ODENSE NORD ApS

GARTNERNES FJERNVARMEFORSYNING I ODENSE NORD ApS (CVR number: 81815119) is a company from ODENSE. The company recorded a gross profit of -160.2 kDKK in 2024. The operating profit was -541.1 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.9 %, 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. GARTNERNES FJERNVARMEFORSYNING I ODENSE NORD ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 250.62- 492.482 321.96- 199.88- 160.18
EBIT- 729.55- 966.001 870.44- 602.22- 541.09
Net earnings
Shareholders equity total3 370.263 329.963 317.413 317.413 317.41
Balance sheet total (assets)23 608.0624 235.3326 836.9826 804.0230 367.42
Net debt-10 132.19-5 482.47337.26-2 602.61-3 676.35
Profitability
EBIT-%
ROA0.4 %0.5 %8.6 %1.1 %1.2 %
ROE
ROI1.6 %2.6 %31.1 %3.3 %3.5 %
Economic value added (EVA)- 980.86-1 217.711 620.21-1 058.65-1 013.65
Solvency
Equity ratio16.9 %17.6 %13.6 %14.8 %14.9 %
Gearing122.1 %130.1 %139.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.90.91.1
Current ratio0.60.70.80.80.8
Cash and cash equivalents10 132.195 482.473 713.446 918.938 290.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.19%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Chairman of the board

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