GAR-TEK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24234576
Ndr Strandvej 31, 2791 Dragør
jdbd@tkabelmail.dk
tel: 36783399

Credit rating

Company information

Official name
GAR-TEK HOLDING ApS
Established
1999
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
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 earnings31.8757.3419.14-48.88-30.81
Shareholders equity total2 239.642 160.002 042.161 939.281 853.16
Balance sheet total (assets)2 268.422 202.762 080.831 964.341 879.23
Net debt-2 268.42-2 202.76-2 080.83-1 963.63-1 873.54
Profitability
EBIT-%
ROA1.8 %4.0 %2.1 %1.2 %1.7 %
ROE1.4 %2.6 %0.9 %-2.5 %-1.6 %
ROI1.8 %4.1 %2.1 %1.2 %1.7 %
Economic value added (EVA)-19.94-14.13-13.25-20.20-17.83
Solvency
Equity ratio98.7 %98.1 %98.1 %98.7 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio78.851.553.878.472.1
Current ratio78.851.553.878.472.1
Cash and cash equivalents2 268.422 202.762 080.831 963.631 873.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.70%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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