EJENDOMSAKTIESELSKABET GARTNERGAARDEN — Credit Rating and Financial Key Figures

CVR number: 29763712
Tagensvej 85 E, 2200 København N
mail@hoegsbro-holm.dk
tel: 35434306

Credit rating

Company information

Official name
EJENDOMSAKTIESELSKABET GARTNERGAARDEN
Personnel
1 person
Established
1927
Company form
Limited company
Industry

About EJENDOMSAKTIESELSKABET GARTNERGAARDEN

EJENDOMSAKTIESELSKABET GARTNERGAARDEN (CVR number: 29763712) is a company from KØBENHAVN. The company reported a net sales of 13.8 mDKK in 2023, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 107.4 % (EBIT: 14.9 mDKK), while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.1 %, 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. EJENDOMSAKTIESELSKABET GARTNERGAARDEN'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10 448.6510 958.7011 801.4113 043.0013 827.76
Gross profit-91.46-2 251.65- 969.543 745.104 841.06
EBIT1 159.54251.354 036.4611 254.1014 853.06
Net earnings792.862.123 082.619 353.8011 500.16
Shareholders equity total127 234.84125 546.81126 939.27134 140.36143 487.82
Balance sheet total (assets)196 804.12195 449.69200 191.50211 915.17223 707.33
Net debt28 697.0731 789.7934 806.9733 143.0031 035.44
Profitability
EBIT-%11.1 %2.3 %34.2 %86.3 %107.4 %
ROA0.8 %0.3 %2.2 %5.9 %7.1 %
ROE0.6 %0.0 %2.4 %7.2 %8.3 %
ROI0.9 %0.3 %2.3 %6.1 %7.4 %
Economic value added (EVA)-6 759.23-7 617.28-4 652.771 070.173 365.50
Solvency
Equity ratio64.7 %64.2 %63.4 %63.3 %64.1 %
Gearing25.9 %25.6 %27.4 %27.2 %25.0 %
Relative net indebtedness %324.9 %348.3 %348.2 %305.7 %273.8 %
Liquidity
Quick ratio0.70.10.00.50.7
Current ratio0.70.10.00.50.7
Cash and cash equivalents4 217.63364.623.003 381.094 772.12
Capital use efficiency
Trade debtors turnover (days)0.60.00.57.26.9
Net working capital %-17.4 %-61.4 %-89.0 %-29.3 %-18.3 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:7.13%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Board member

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