GERT RYGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26383587
Nordhavnsvej 28, 8500 Grenaa

Credit rating

Company information

Official name
GERT RYGAARD HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About GERT RYGAARD HOLDING ApS

GERT RYGAARD HOLDING ApS (CVR number: 26383587K) is a company from NORDDJURS. The company recorded a gross profit of 145.9 mDKK in 2023. The operating profit was 24 mDKK, while net earnings were 21.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. GERT RYGAARD HOLDING ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit65 043.12136 943.47145 940.94
EBIT2 477.3824 440.0224 021.39
Net earnings65 601.3121 537.3921 098.21
Shareholders equity total177 206.09193 971.06195 409.03
Balance sheet total (assets)221 411.48242 686.37249 941.21
Net debt-44 951.56-59 545.81-43 587.86
Profitability
EBIT-%
ROA6.8 %12.1 %11.2 %
ROE71.2 %22.4 %20.3 %
ROI8.0 %14.2 %13.4 %
Economic value added (EVA)1 758.9412 678.6812 148.40
Solvency
Equity ratio80.0 %79.9 %78.2 %
Gearing0.9 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.02.7
Current ratio3.13.12.7
Cash and cash equivalents46 510.7860 327.4144 385.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAAAAAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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