GF Skive, Thy og Mors F.M.B.A.
Credit rating
Company information
About GF Skive, Thy og Mors F.M.B.A.
GF Skive, Thy og Mors F.M.B.A. (CVR number: 60440611) is a company from SKIVE. The company reported a net sales of 13.2 mDKK in 2023, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 0.8 mDKK), while net earnings were 1512.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. GF Skive, Thy og Mors F.M.B.A.'s liquidity measured by quick ratio was 4.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 10 466.14 | 10 642.83 | 11 319.40 | 13 210.86 |
Gross profit | 9 480.90 | 8 546.77 | 9 396.39 | 11 025.79 |
EBIT | 2 023.36 | 423.03 | -99.64 | 750.23 |
Net earnings | 2 046.00 | 1 249.18 | -1 265.37 | 1 512.36 |
Shareholders equity total | 9 008.15 | 10 257.33 | 9 141.96 | 10 654.32 |
Balance sheet total (assets) | 13 370.24 | 13 069.36 | 11 882.88 | 13 555.52 |
Net debt | -11 519.22 | -11 426.17 | -10 035.25 | -11 251.22 |
Profitability | ||||
EBIT-% | 19.3 % | 4.0 % | -0.9 % | 5.7 % |
ROA | 15.5 % | 9.7 % | 2.1 % | 11.9 % |
ROE | 22.7 % | 13.0 % | -13.0 % | 15.3 % |
ROI | 20.7 % | 12.3 % | 2.6 % | 14.6 % |
Economic value added (EVA) | 2 000.47 | 549.21 | -40.90 | 795.12 |
Solvency | ||||
Equity ratio | 67.4 % | 78.5 % | 76.9 % | 78.6 % |
Gearing | ||||
Relative net indebtedness % | -78.4 % | -85.3 % | -69.3 % | -65.5 % |
Liquidity | ||||
Quick ratio | 3.6 | 4.9 | 4.7 | 4.5 |
Current ratio | 3.6 | 4.9 | 4.7 | 4.5 |
Cash and cash equivalents | 11 519.22 | 11 426.17 | 10 035.25 | 11 251.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -2.3 % | -12.6 % | -11.0 % | -7.1 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | A |
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