GIESSING & SØNNER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29215723
Fjeldstedvej 43, 2650 Hvidovre

Company information

Official name
GIESSING & SØNNER HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About GIESSING & SØNNER HOLDING ApS

GIESSING & SØNNER HOLDING ApS (CVR number: 29215723) is a company from HVIDOVRE. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 1400.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 50.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GIESSING & SØNNER HOLDING ApS's liquidity measured by quick ratio was 2.6 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 profit-8.38-6.88-6.88-7.57-9.02
EBIT-8.38-6.88-6.88-7.57-9.02
Net earnings108.20284.61177.43- 259.871 400.56
Shareholders equity total1 935.212 219.832 397.262 137.393 420.15
Balance sheet total (assets)3 836.414 127.903 750.402 658.554 669.75
Net debt1 890.711 897.58627.86-6.81-2 076.47
Profitability
EBIT-%
ROA2.4 %7.1 %4.5 %-6.5 %40.3 %
ROE5.8 %13.7 %7.7 %-11.5 %50.4 %
ROI2.4 %7.1 %5.0 %-8.0 %45.6 %
Economic value added (EVA)126.09130.91145.81-99.31- 104.35
Solvency
Equity ratio50.4 %53.8 %63.9 %80.4 %73.2 %
Gearing97.7 %85.5 %27.8 %27.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.02.44.72.6
Current ratio0.00.02.44.72.6
Cash and cash equivalents0.560.5637.606.812 998.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBAA

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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