Dennis Gits Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40933751
Kirketoften 3, Ålsø 8500 Grenaa

Company information

Official name
Dennis Gits Holding ApS
Established
2019
Domicile
Ålsø
Company form
Private limited company
Industry

About Dennis Gits Holding ApS

Dennis Gits Holding ApS (CVR number: 40933751) is a company from NORDDJURS. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 1218.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.1 %, which can be considered excellent and Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Dennis Gits Holding ApS's liquidity measured by quick ratio was 47 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 profit-9.96-7.50-10.81-10.94
EBIT-9.96-7.50-10.81-10.94
Net earnings1 324.51676.151 517.661 218.52
Shareholders equity total1 364.511 984.163 433.984 152.50
Balance sheet total (assets)3 463.913 171.503 699.704 159.04
Net debt658.65653.07215.02- 285.93
Profitability
EBIT-%
ROA40.4 %21.7 %45.0 %31.1 %
ROE97.1 %40.4 %56.0 %32.1 %
ROI40.4 %21.8 %45.3 %31.2 %
Economic value added (EVA)-9.96134.3769.2050.30
Solvency
Equity ratio39.4 %62.6 %92.8 %99.8 %
Gearing51.3 %35.3 %7.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.247.0
Current ratio0.10.10.247.0
Cash and cash equivalents41.3446.9329.14286.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.1%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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