GAVEFABRIKKEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GAVEFABRIKKEN A/S
GAVEFABRIKKEN A/S (CVR number: 31332702) is a company from KØBENHAVN. The company reported a net sales of 345.8 mDKK in 2023, demonstrating a growth of 8.7 % compared to the previous year. The operating profit percentage was at 17.7 % (EBIT: 61.1 mDKK), while net earnings were 48.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45.8 %, 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 50.9 %, 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 1.7 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 | 248.91 | 278.36 | 318.20 | 345.80 |
Gross profit | 36.51 | 62.94 | 61.97 | 92.60 | 109.76 |
EBIT | 12.80 | 34.06 | 26.64 | 48.72 | 61.10 |
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 | 81.23 | 100.49 | 128.98 | 152.49 |
Net debt | -22.90 | -29.59 | 12.54 | -26.66 | -48.49 |
Profitability | |||||
EBIT-% | 6.6 % | 13.7 % | 9.6 % | 15.3 % | 17.7 % |
ROA | 21.9 % | 55.1 % | 38.4 % | 44.2 % | 45.8 % |
ROE | 20.0 % | 61.6 % | 53.8 % | 68.3 % | 73.8 % |
ROI | 28.8 % | 69.6 % | 51.0 % | 58.8 % | 66.5 % |
Economic value added (EVA) | 7.95 | 25.56 | 20.13 | 36.73 | 48.01 |
Solvency | |||||
Equity ratio | 77.0 % | 67.3 % | 52.8 % | 51.2 % | 50.9 % |
Gearing | 1.9 % | 9.9 % | 39.9 % | 53.5 % | 35.1 % |
Relative net indebtedness % | -5.4 % | -3.1 % | 14.1 % | 2.2 % | 2.6 % |
Liquidity | |||||
Quick ratio | 4.0 | 3.2 | 0.9 | 1.5 | 1.7 |
Current ratio | 5.4 | 4.1 | 2.1 | 2.1 | 2.1 |
Cash and cash equivalents | 23.75 | 34.91 | 8.29 | 59.60 | 73.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.0 | 12.4 | 15.0 | 7.2 | 8.1 |
Net working capital % | 22.1 % | 22.1 % | 15.6 % | 19.1 % | 20.3 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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