Gerringe Landbrug ApS — Credit Rating and Financial Key Figures

CVR number: 41335378
Gerringevej 7, 4970 Rødby

Credit rating

Company information

Official name
Gerringe Landbrug ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Gerringe Landbrug ApS

Gerringe Landbrug ApS (CVR number: 41335378) is a company from LOLLAND. The company recorded a gross profit of 922.7 kDKK in 2023. The operating profit was 685.6 kDKK, while net earnings were 1232.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. Gerringe Landbrug ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit891.43687.751 215.04922.71
EBIT663.79351.31942.90685.64
Net earnings698.251 092.272 183.011 232.44
Shareholders equity total11 291.9811 984.2413 267.2513 999.69
Balance sheet total (assets)30 419.8730 892.4231 786.0532 406.36
Net debt17 279.6716 011.5714 684.0313 218.68
Profitability
EBIT-%
ROA4.8 %5.1 %9.3 %5.2 %
ROE6.2 %9.4 %17.3 %9.0 %
ROI4.9 %5.2 %9.5 %5.4 %
Economic value added (EVA)471.29- 276.08- 387.89- 593.49
Solvency
Equity ratio37.1 %38.8 %41.7 %43.2 %
Gearing153.1 %139.8 %123.6 %115.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.71.92.3
Current ratio0.10.71.92.3
Cash and cash equivalents3.02740.821 717.432 952.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.23%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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