GIESSING & SØNNER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 108.20 | 284.61 | 177.43 | - 259.87 | 1 400.56 |
Shareholders equity total | 1 935.21 | 2 219.83 | 2 397.26 | 2 137.39 | 3 420.15 |
Balance sheet total (assets) | 3 836.41 | 4 127.90 | 3 750.40 | 2 658.55 | 4 669.75 |
Net debt | 1 890.71 | 1 897.58 | 627.86 | -6.81 | -2 076.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | 7.1 % | 4.5 % | -6.5 % | 40.3 % |
ROE | 5.8 % | 13.7 % | 7.7 % | -11.5 % | 50.4 % |
ROI | 2.4 % | 7.1 % | 5.0 % | -8.0 % | 45.6 % |
Economic value added (EVA) | 126.09 | 130.91 | 145.81 | -99.31 | - 104.35 |
Solvency | |||||
Equity ratio | 50.4 % | 53.8 % | 63.9 % | 80.4 % | 73.2 % |
Gearing | 97.7 % | 85.5 % | 27.8 % | 27.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 2.4 | 4.7 | 2.6 |
Current ratio | 0.0 | 0.0 | 2.4 | 4.7 | 2.6 |
Cash and cash equivalents | 0.56 | 0.56 | 37.60 | 6.81 | 2 998.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | AA |
Variable visualization
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