GADE HOLDING VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 32894542
Jørgen Sørensensvej 2, 7100 Vejle

Company information

Official name
GADE HOLDING VEJLE ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About GADE HOLDING VEJLE ApS

GADE HOLDING VEJLE ApS (CVR number: 32894542) is a company from VEJLE. The company recorded a gross profit of 3129.4 kDKK in 2023. The operating profit was 3111 kDKK, while net earnings were 1297.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GADE HOLDING VEJLE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit134.5868.32263.35-26.633 129.36
EBIT134.5824.32189.63-26.633 110.96
Net earnings301.2513.52168.2853.731 297.33
Shareholders equity total1 594.4214 240.9313 690.1413 743.8715 041.20
Balance sheet total (assets)4 849.1617 477.2717 013.1316 886.3115 267.41
Net debt- 132.22-63.83- 192.12-16.4454.52
Profitability
EBIT-%
ROA7.2 %0.1 %1.2 %-0.2 %8.1 %
ROE20.9 %0.2 %1.2 %0.4 %9.0 %
ROI7.6 %0.1 %1.2 %-0.2 %9.0 %
Economic value added (EVA)295.64234.53987.89786.283 911.99
Solvency
Equity ratio32.9 %81.5 %80.5 %81.4 %98.5 %
Gearing0.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.90.60.9
Current ratio2.22.42.55.53.4
Cash and cash equivalents132.2263.83192.1216.4411.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:8.07%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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