GEDEVAD. IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 75145810
Brandevej 15, 7430 Ikast
tel: 97152605

Company information

Official name
GEDEVAD. IKAST ApS
Personnel
2 persons
Established
1984
Company form
Private limited company
Industry

About GEDEVAD. IKAST ApS

GEDEVAD. IKAST ApS (CVR number: 75145810) is a company from IKAST-BRANDE. The company recorded a gross profit of 2230.3 kDKK in 2023. The operating profit was 37.5 kDKK, while net earnings were 20.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GEDEVAD. IKAST ApS's liquidity measured by quick ratio was 35.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 168.962 157.642 221.642 238.892 230.34
EBIT1 499.461 158.66937.631 105.2937.47
Net earnings10 630.6012 916.8726 450.76- 752.7220 260.53
Shareholders equity total90 114.79102 921.07129 258.82128 391.71148 534.43
Balance sheet total (assets)109 638.80124 919.73150 558.54143 100.45157 989.88
Net debt-42 676.36-55 111.85-81 647.47-79 836.36- 105 005.85
Profitability
EBIT-%
ROA13.1 %14.3 %24.7 %4.6 %20.5 %
ROE12.5 %13.4 %22.8 %-0.6 %14.6 %
ROI13.4 %14.7 %24.9 %4.6 %20.6 %
Economic value added (EVA)105.70- 225.24- 202.50184.24-1 019.81
Solvency
Equity ratio82.2 %82.4 %85.9 %89.7 %94.0 %
Gearing15.0 %16.8 %13.6 %9.0 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio15.79.812.232.935.6
Current ratio15.79.812.232.935.6
Cash and cash equivalents56 176.3672 372.2799 219.7391 335.80109 262.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.5%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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