Garfield Capital A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Garfield Capital A/S
Garfield Capital A/S (CVR number: 36964642) is a company from KØGE. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 12.3 % compared to the previous year. The operating profit percentage was at 33.3 % (EBIT: 0 mDKK), while net earnings were 33.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 82.3 %, which can be considered excellent and Return on Equity (ROE) was 128 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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. Garfield Capital A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 117.50 | 132.00 | |||
Gross profit | -1.40 | -19.15 | -1.46 | 39.24 | 43.97 |
EBIT | - 309.40 | - 231.62 | -18.48 | 39.24 | 43.97 |
Net earnings | 436.41 | 39.25 | 819.31 | 3 306.87 | 33 754.69 |
Shareholders equity total | 1 116.63 | 1 155.88 | 1 975.19 | 5 282.06 | 47 459.56 |
Balance sheet total (assets) | 5 782.28 | 5 988.71 | 10 165.26 | 16 181.12 | 71 233.11 |
Net debt | 2 075.08 | 1 993.39 | 4 639.21 | 2 831.69 | 12 332.75 |
Profitability | |||||
EBIT-% | 33.4 % | 33.3 % | |||
ROA | 16.3 % | 0.9 % | 15.9 % | 28.3 % | 82.3 % |
ROE | 48.6 % | 3.5 % | 52.3 % | 91.1 % | 128.0 % |
ROI | 27.4 % | 1.4 % | 23.8 % | 48.1 % | 102.3 % |
Economic value added (EVA) | - 330.39 | - 373.17 | - 192.54 | - 336.42 | - 370.04 |
Solvency | |||||
Equity ratio | 19.3 % | 19.3 % | 19.4 % | 32.6 % | 66.6 % |
Gearing | 238.4 % | 203.1 % | 270.5 % | 55.2 % | 30.8 % |
Relative net indebtedness % | 9203.0 % | 16253.4 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.5 | 1.1 | 0.7 |
Current ratio | 0.6 | 0.6 | 0.5 | 1.1 | 0.7 |
Cash and cash equivalents | 586.86 | 354.45 | 704.16 | 85.08 | 2 274.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 422.2 % | -5410.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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