GINNERUP INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 37673498
Ulvevej 26, 7800 Skive
mg@ginnerup.dk
tel: 96147160
www.ginnerup.dk
Free credit report Annual report

Credit rating

Company information

Official name
GINNERUP INVEST ApS
Established
2016
Company form
Private limited company
Industry

About GINNERUP INVEST ApS

GINNERUP INVEST ApS (CVR number: 37673498) is a company from SKIVE. The company recorded a gross profit of 630.8 kDKK in 2024. The operating profit was 410.8 kDKK, while net earnings were 165.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. GINNERUP INVEST ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit674.12688.94746.30762.34630.85
EBIT458.15472.97526.29542.33410.84
Net earnings257.63271.75280.46260.03165.54
Shareholders equity total1 426.581 698.341 978.792 238.822 404.36
Balance sheet total (assets)10 633.1810 414.1410 210.2911 917.6011 555.01
Net debt2 587.082 301.052 009.501 591.851 200.33
Profitability
EBIT-%
ROA4.8 %4.6 %5.2 %5.0 %3.7 %
ROE19.9 %17.4 %15.3 %12.3 %7.1 %
ROI11.1 %11.9 %13.3 %13.7 %10.7 %
Economic value added (EVA)149.63161.95203.70218.17113.80
Solvency
Equity ratio13.5 %16.4 %19.4 %18.8 %20.9 %
Gearing184.0 %136.6 %102.5 %78.5 %61.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents37.3419.6617.86164.72275.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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