GEIA FOOD A/S — Credit Rating and Financial Key Figures

CVR number: 14983007
Fuglevænget 9, 9000 Aalborg
bj@geiafood.dk
tel: 58165003
https://www.geiafood.com

Credit rating

Company information

Official name
GEIA FOOD A/S
Personnel
107 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GEIA FOOD A/S

GEIA FOOD A/S (CVR number: 14983007) is a company from AALBORG. The company reported a net sales of 2064.4 mDKK in 2023, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 68.4 mDKK), while net earnings were 51.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GEIA FOOD A/S's liquidity measured by quick ratio was 0.8 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 327.931 580.391 591.631 859.732 064.35
Gross profit89.93128.63126.27115.98153.28
EBIT37.3465.8359.3542.9368.42
Net earnings29.7248.8761.9640.9851.74
Shareholders equity total49.8678.66146.71211.94259.24
Balance sheet total (assets)257.94280.54385.93588.90682.60
Net debt-7.42-10.05-27.3850.1270.44
Profitability
EBIT-%2.8 %4.2 %3.7 %2.3 %3.3 %
ROA17.0 %26.4 %23.4 %12.4 %13.7 %
ROE56.0 %76.0 %55.0 %22.9 %22.0 %
ROI71.1 %103.8 %61.3 %25.9 %26.9 %
Economic value added (EVA)26.1145.6243.4928.0348.69
Solvency
Equity ratio19.3 %28.0 %38.0 %36.0 %38.0 %
Gearing6.0 %4.3 %16.8 %38.3 %35.6 %
Relative net indebtedness %14.9 %11.9 %11.7 %18.6 %19.4 %
Liquidity
Quick ratio0.60.60.70.50.8
Current ratio0.90.91.00.81.1
Cash and cash equivalents10.4013.4152.0731.0421.81
Capital use efficiency
Trade debtors turnover (days)24.112.113.420.419.9
Net working capital %-1.5 %-1.5 %-0.1 %-3.1 %1.2 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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