GARN ApS — Credit Rating and Financial Key Figures

CVR number: 35379401
Ravnsborggade 8 B, 2200 København N

Credit rating

Company information

Official name
GARN ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About GARN ApS

GARN ApS (CVR number: 35379401) is a company from KØBENHAVN. The company recorded a gross profit of 931.3 kDKK in 2023. The operating profit was 116.2 kDKK, while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. GARN ApS's liquidity measured by quick ratio was 4.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit998.21808.57994.83695.21931.26
EBIT85.97-19.36164.27- 146.08116.24
Net earnings67.63-12.88118.10- 115.5531.12
Shareholders equity total682.31669.42787.52671.98703.10
Balance sheet total (assets)1 110.371 315.661 133.21914.37949.17
Net debt- 471.43- 679.26- 623.65- 221.07- 289.25
Profitability
EBIT-%
ROA7.3 %-1.5 %13.7 %-14.3 %12.5 %
ROE8.5 %-1.9 %16.2 %-15.8 %4.5 %
ROI10.6 %-2.6 %21.7 %-19.4 %16.4 %
Economic value added (EVA)55.47-20.50123.71- 121.3460.99
Solvency
Equity ratio61.4 %50.9 %69.5 %73.5 %74.1 %
Gearing3.5 %3.3 %2.8 %3.3 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.03.33.74.3
Current ratio2.52.13.33.84.4
Cash and cash equivalents495.61701.46645.74243.16308.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.