GEERTSEN A/S

CVR number: 21837644
Huginsvej 1, 4100 Ringsted
tel: 57670168

Credit rating

Company information

Official name
GEERTSEN A/S
Personnel
9 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About GEERTSEN A/S

GEERTSEN A/S (CVR number: 21837644) is a company from RINGSTED. The company recorded a gross profit of 5656.3 kDKK in 2019. The operating profit was -573.9 kDKK, while net earnings were -842.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -34 %, which can be considered poor. 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. GEERTSEN A/S's liquidity measured by quick ratio was 0.2 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
2016201720182019
Volume
Net sales
Gross profit7 775.687 288.666 733.955 656.27
EBIT857.37761.23504.28- 573.85
Net earnings448.80350.24172.28- 842.18
Shareholders equity total2 522.872 728.102 900.382 058.21
Balance sheet total (assets)10 589.189 799.5710 154.1510 007.78
Net debt1 359.16519.34868.642 145.38
Profitability
EBIT-%
ROA8.5 %7.5 %5.1 %-5.7 %
ROE17.8 %13.3 %6.1 %-34.0 %
ROI23.1 %21.1 %14.2 %-13.9 %
Economic value added (EVA)660.64436.64254.37- 714.76
Solvency
Equity ratio25.0 %28.2 %29.1 %20.9 %
Gearing55.5 %21.6 %33.3 %106.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.20.2
Current ratio1.11.11.21.1
Cash and cash equivalents41.6870.1496.2439.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-5.65%
Rating: 14/100
-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

Companies in the same industry

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