GAVEFABRIKKEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GAVEFABRIKKEN A/S
GAVEFABRIKKEN A/S (CVR number: 31332702K) is a company from KØBENHAVN. The company reported a net sales of 387.9 mDKK in 2023, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was at 16.2 % (EBIT: 63 mDKK), while net earnings were 48.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45.5 %, which can be considered excellent and Return on Equity (ROE) was 73.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GAVEFABRIKKEN A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 193.37 | 274.22 | 324.65 | 355.92 | 387.86 |
Gross profit | 36.51 | 73.02 | 78.79 | 101.64 | 120.56 |
EBIT | 12.80 | 37.54 | 34.98 | 48.88 | 63.00 |
Net earnings | 7.94 | 29.91 | 28.42 | 38.87 | 48.63 |
Shareholders equity total | 43.61 | 53.52 | 52.18 | 61.56 | 70.14 |
Balance sheet total (assets) | 57.70 | 87.01 | 97.42 | 132.72 | 153.31 |
Net debt | -22.90 | -40.43 | -0.76 | -32.46 | -55.45 |
Profitability | |||||
EBIT-% | 6.6 % | 13.7 % | 10.8 % | 13.7 % | 16.2 % |
ROA | 22.5 % | 53.8 % | 40.5 % | 44.0 % | 45.5 % |
ROE | 18.2 % | 61.6 % | 53.8 % | 68.3 % | 73.8 % |
ROI | 26.6 % | 73.9 % | 61.0 % | 63.7 % | 70.9 % |
Economic value added (EVA) | 9.81 | 28.06 | 26.76 | 36.25 | 49.05 |
Solvency | |||||
Equity ratio | 77.0 % | 62.8 % | 54.5 % | 49.7 % | 52.1 % |
Gearing | 1.9 % | 1.5 % | 21.5 % | 47.2 % | 26.1 % |
Relative net indebtedness % | -5.4 % | -3.0 % | 10.0 % | 2.5 % | 2.3 % |
Liquidity | |||||
Quick ratio | 4.0 | 2.7 | 1.2 | 1.5 | 1.9 |
Current ratio | 5.4 | 3.4 | 2.4 | 2.1 | 2.1 |
Cash and cash equivalents | 23.75 | 41.20 | 11.99 | 61.52 | 73.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.0 | 12.9 | 16.1 | 8.7 | 8.3 |
Net working capital % | 22.1 % | 20.8 % | 16.2 % | 17.9 % | 19.1 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | A |
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