Garden Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Garden Group ApS
Garden Group ApS (CVR number: 42043451) is a company from FREDERIKSSUND. The company recorded a gross profit of -9.7 kDKK in 2023. The operating profit was -15.8 kDKK, while net earnings were -14.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.5 %, which can be considered poor and Return on Equity (ROE) was -40.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. Garden Group ApS's liquidity measured by quick ratio was 2.4 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 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -53.56 | 6.90 | -9.74 | |
| EBIT | -59.94 | -0.75 | -15.80 | |
| Net earnings | -46.93 | -0.54 | -14.23 | |
| Shareholders equity total | 43.07 | 42.53 | 28.30 | |
| Balance sheet total (assets) | 58.07 | 42.55 | 35.58 | |
| Net debt | -8.12 | 0.02 | 0.76 | |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -103.2 % | -1.5 % | -40.5 % | |
| ROE | -109.0 % | -1.3 % | -40.2 % | |
| ROI | -139.2 % | -1.8 % | -44.1 % | |
| Economic value added (EVA) | -46.83 | -2.91 | -14.47 | |
| Solvency | ||||
| Equity ratio | 74.2 % | 99.9 % | 79.5 % | |
| Gearing | 0.1 % | 2.7 % | ||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.7 | 763.1 | 2.4 | |
| Current ratio | 1.7 | 763.1 | 2.4 | |
| Cash and cash equivalents | 8.12 | |||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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