GARMER ApS — Credit Rating and Financial Key Figures

CVR number: 21864137
Kongensgade 53, 6700 Esbjerg

Company information

Official name
GARMER ApS
Established
1999
Company form
Private limited company
Industry

About GARMER ApS

GARMER ApS (CVR number: 21864137) is a company from ESBJERG. The company recorded a gross profit of 337.8 kDKK in 2023. The operating profit was 337.8 kDKK, while net earnings were 244.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. GARMER ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit254.35326.63319.88333.82337.82
EBIT254.35326.63319.88333.82337.82
Net earnings151.34211.10205.64239.22244.49
Shareholders equity total1 991.512 202.602 295.242 420.072 546.76
Balance sheet total (assets)5 155.885 278.013 740.113 897.183 989.35
Net debt1 005.25751.74530.60394.17266.90
Profitability
EBIT-%
ROA5.0 %6.4 %7.1 %8.7 %8.6 %
ROE7.7 %10.1 %9.1 %10.1 %9.8 %
ROI5.1 %6.6 %7.4 %9.2 %9.0 %
Economic value added (EVA)112.00169.69168.37156.93161.69
Solvency
Equity ratio38.6 %41.7 %61.4 %62.1 %63.8 %
Gearing126.1 %108.6 %33.4 %32.5 %29.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.20.30.40.5
Current ratio1.11.20.30.40.5
Cash and cash equivalents1 505.551 640.52235.88393.01484.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.58%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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