GAR-TEK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GAR-TEK HOLDING ApS
GAR-TEK HOLDING ApS (CVR number: 24234576) is a company from DRAGØR. The company recorded a gross profit of -19.1 kDKK in 2020. The operating profit was -19.1 kDKK, while net earnings were -30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GAR-TEK HOLDING ApS's liquidity measured by quick ratio was 72.1 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.65 | -20.14 | -19.95 | -22.29 | -19.05 |
EBIT | -25.65 | -20.14 | -19.95 | -22.29 | -19.05 |
Net earnings | 31.87 | 57.34 | 19.14 | -48.88 | -30.81 |
Shareholders equity total | 2 239.64 | 2 160.00 | 2 042.16 | 1 939.28 | 1 853.16 |
Balance sheet total (assets) | 2 268.42 | 2 202.76 | 2 080.83 | 1 964.34 | 1 879.23 |
Net debt | -2 268.42 | -2 202.76 | -2 080.83 | -1 963.63 | -1 873.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 4.0 % | 2.1 % | 1.2 % | 1.7 % |
ROE | 1.4 % | 2.6 % | 0.9 % | -2.5 % | -1.6 % |
ROI | 1.8 % | 4.1 % | 2.1 % | 1.2 % | 1.7 % |
Economic value added (EVA) | -19.94 | -14.13 | -13.25 | -20.20 | -17.83 |
Solvency | |||||
Equity ratio | 98.7 % | 98.1 % | 98.1 % | 98.7 % | 98.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 78.8 | 51.5 | 53.8 | 78.4 | 72.1 |
Current ratio | 78.8 | 51.5 | 53.8 | 78.4 | 72.1 |
Cash and cash equivalents | 2 268.42 | 2 202.76 | 2 080.83 | 1 963.63 | 1 873.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
Variable visualization
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