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GITTE GERTSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GITTE GERTSEN HOLDING A/S
GITTE GERTSEN HOLDING A/S (CVR number: 29398798) is a company from FAVRSKOV. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -15.4 kDKK, while net earnings were 4764 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GITTE GERTSEN HOLDING A/S's liquidity measured by quick ratio was 268.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | -52.19 | -28.28 | -13.67 | -14.28 | -15.41 |
| Net earnings | 14 183.15 | 14 144.84 | 10 176.63 | 3 139.14 | 4 764.00 |
| Shareholders equity total | 122 250.19 | 141 584.41 | 153 007.05 | 153 956.86 | 157 294.92 |
| Balance sheet total (assets) | 122 348.85 | 141 664.07 | 153 023.65 | 153 973.44 | 157 311.30 |
| Net debt | -1 418.53 | -1 715.91 | -1 944.32 | -2 211.42 | -2 243.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.4 % | 11.1 % | 6.9 % | 2.0 % | 3.1 % |
| ROE | 15.2 % | 10.7 % | 6.9 % | 2.0 % | 3.1 % |
| ROI | 15.4 % | 11.1 % | 6.9 % | 2.0 % | 3.1 % |
| Economic value added (EVA) | -3 250.02 | -6 171.81 | -7 128.74 | -7 703.34 | -7 750.24 |
| Solvency | |||||
| Equity ratio | 99.9 % | 99.9 % | 100.0 % | 100.0 % | 100.0 % |
| Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 94.2 | 40.7 | 182.6 | 310.4 | 268.8 |
| Current ratio | 94.2 | 40.7 | 182.6 | 310.4 | 268.8 |
| Cash and cash equivalents | 1 427.53 | 1 724.91 | 1 953.31 | 2 220.42 | 2 252.16 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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