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GIESEGAARD HANDELSSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GIESEGAARD HANDELSSELSKAB ApS
GIESEGAARD HANDELSSELSKAB ApS (CVR number: 46203011) is a company from RINGSTED. The company recorded a gross profit of 814.2 kDKK in 2024. The operating profit was 308.6 kDKK, while net earnings were -177.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. GIESEGAARD HANDELSSELSKAB ApS's liquidity measured by quick ratio was 12.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 729.10 | 797.58 | 1 311.43 | 902.16 | 814.17 |
| EBIT | 301.64 | 306.08 | 809.44 | 226.06 | 308.59 |
| Net earnings | 3 704.04 | 1 008.97 | 4 028.77 | 1 914.14 | - 177.45 |
| Shareholders equity total | 45 108.68 | 46 117.65 | 50 146.42 | 52 060.57 | 51 883.12 |
| Balance sheet total (assets) | 66 814.61 | 67 864.70 | 73 204.02 | 72 655.75 | 71 321.67 |
| Net debt | 2 456.71 | 7 176.03 | 3 901.43 | 2 045.05 | 1 826.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 7.2 % | 5.7 % | 6.0 % | 4.6 % | 2.1 % |
| ROE | 8.6 % | 2.2 % | 8.4 % | 3.7 % | -0.3 % |
| ROI | 7.4 % | 5.9 % | 6.3 % | 4.8 % | 2.1 % |
| Economic value added (EVA) | -2 799.75 | -2 896.59 | -2 515.65 | -3 305.27 | -3 324.33 |
| Solvency | |||||
| Equity ratio | 67.7 % | 68.0 % | 68.5 % | 71.7 % | 72.7 % |
| Gearing | 43.9 % | 42.5 % | 37.6 % | 36.1 % | 34.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.5 | 7.3 | 4.7 | 16.1 | 12.2 |
| Current ratio | 8.6 | 7.9 | 4.9 | 15.3 | 12.2 |
| Cash and cash equivalents | 17 354.21 | 12 442.84 | 14 950.12 | 16 754.40 | 16 138.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB |
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