Ginnungagap ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ginnungagap ApS
Ginnungagap ApS (CVR number: 38700766) is a company from KØBENHAVN. The company recorded a gross profit of -11.9 kDKK in 2024. The operating profit was -11.9 kDKK, while net earnings were 474 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77 %, which can be considered excellent and Return on Equity (ROE) was 106.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. Ginnungagap ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -58.00 | -23.00 | -6.00 | -7.36 | -11.85 |
EBIT | -58.00 | -23.00 | -6.00 | -7.36 | -11.85 |
Net earnings | 6.00 | -49.00 | 18.00 | 171.37 | 473.95 |
Shareholders equity total | 98.00 | 49.00 | 68.00 | 239.03 | 651.99 |
Balance sheet total (assets) | 195.00 | 115.00 | 107.00 | 361.34 | 863.61 |
Net debt | 5.00 | 7.00 | 14.00 | 49.21 | -48.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | -34.8 % | 16.2 % | 72.5 % | 77.0 % |
ROE | 6.3 % | -66.7 % | 30.8 % | 111.6 % | 106.4 % |
ROI | -2.0 % | -41.9 % | 17.3 % | 82.7 % | 91.8 % |
Economic value added (EVA) | -53.28 | -25.69 | -10.42 | -10.91 | -22.87 |
Solvency | |||||
Equity ratio | 50.3 % | 42.6 % | 63.6 % | 66.2 % | 75.5 % |
Gearing | 56.1 % | 114.3 % | 51.5 % | 28.6 % | 10.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.1 | 0.8 | 1.3 |
Current ratio | 0.8 | 1.1 | 1.1 | 0.8 | 1.3 |
Cash and cash equivalents | 50.00 | 49.00 | 21.00 | 19.08 | 117.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
Variable visualization
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