Credit rating
Company information
About CHINA GATEWAY ApS
CHINA GATEWAY ApS (CVR number: 26772907) is a company from BALLERUP. The company recorded a gross profit of 562.2 kDKK in 2023. The operating profit was -214.6 kDKK, while net earnings were -182.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -32.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, 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. CHINA GATEWAY 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 935.00 | 789.00 | 1 119.00 | 1 077.00 | 562.25 |
EBIT | - 344.00 | - 462.00 | 883.00 | 694.00 | - 214.65 |
Net earnings | - 284.00 | - 385.00 | 599.00 | 525.00 | - 182.83 |
Shareholders equity total | -80.00 | - 466.00 | 133.00 | 658.00 | 475.81 |
Balance sheet total (assets) | 1 846.00 | 590.00 | 4 595.00 | 1 398.00 | 1 391.61 |
Net debt | - 249.00 | - 219.00 | - 735.00 | - 171.00 | -39.68 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.2 % | -31.0 % | 31.3 % | 23.4 % | -14.6 % |
ROE | -27.7 % | -31.6 % | 165.7 % | 132.7 % | -32.3 % |
ROI | -186.7 % | -270.2 % | 352.9 % | 120.3 % | -27.1 % |
Economic value added (EVA) | - 237.59 | - 340.04 | 720.44 | 570.83 | - 194.40 |
Solvency | |||||
Equity ratio | -4.2 % | -44.1 % | 17.1 % | 47.1 % | 42.0 % |
Gearing | -105.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.6 | 9.8 | 2.1 | 2.4 |
Current ratio | 1.0 | 0.6 | 1.1 | 2.1 | 1.6 |
Cash and cash equivalents | 333.00 | 219.00 | 735.00 | 171.00 | 39.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | C | BB | BB | BB |
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