EJENDOMSAKTIESELSKABET GARTNERGAARDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 448.65 | 10 958.70 | 11 801.41 | 13 043.00 | 13 827.76 |
Gross profit | -91.46 | -2 251.65 | - 969.54 | 3 745.10 | 4 841.06 |
EBIT | 1 159.54 | 251.35 | 4 036.46 | 11 254.10 | 14 853.06 |
Net earnings | 792.86 | 2.12 | 3 082.61 | 9 353.80 | 11 500.16 |
Shareholders equity total | 127 234.84 | 125 546.81 | 126 939.27 | 134 140.36 | 143 487.82 |
Balance sheet total (assets) | 196 804.12 | 195 449.69 | 200 191.50 | 211 915.17 | 223 707.33 |
Net debt | 28 697.07 | 31 789.79 | 34 806.97 | 33 143.00 | 31 035.44 |
Profitability | |||||
EBIT-% | 11.1 % | 2.3 % | 34.2 % | 86.3 % | 107.4 % |
ROA | 0.8 % | 0.3 % | 2.2 % | 5.9 % | 7.1 % |
ROE | 0.6 % | 0.0 % | 2.4 % | 7.2 % | 8.3 % |
ROI | 0.9 % | 0.3 % | 2.3 % | 6.1 % | 7.4 % |
Economic value added (EVA) | -6 759.23 | -7 617.28 | -4 652.77 | 1 070.17 | 3 365.50 |
Solvency | |||||
Equity ratio | 64.7 % | 64.2 % | 63.4 % | 63.3 % | 64.1 % |
Gearing | 25.9 % | 25.6 % | 27.4 % | 27.2 % | 25.0 % |
Relative net indebtedness % | 324.9 % | 348.3 % | 348.2 % | 305.7 % | 273.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.1 | 0.0 | 0.5 | 0.7 |
Current ratio | 0.7 | 0.1 | 0.0 | 0.5 | 0.7 |
Cash and cash equivalents | 4 217.63 | 364.62 | 3.00 | 3 381.09 | 4 772.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.6 | 0.0 | 0.5 | 7.2 | 6.9 |
Net working capital % | -17.4 % | -61.4 % | -89.0 % | -29.3 % | -18.3 % |
Credit risk | |||||
Credit rating | A | A | A | AAA | AAA |
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