GF Skive, Thy og Mors F.M.B.A.

CVR number: 60440611
J C Stillings Vej 3, 7800 Skive
gfskive@gfforsikring.dk

Credit rating

Company information

Official name
GF Skive, Thy og Mors F.M.B.A.
Personnel
17 persons
Established
1965
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales10 466.1410 642.8311 319.4013 210.86
Gross profit9 480.908 546.779 396.3911 025.79
EBIT2 023.36423.03-99.64750.23
Net earnings2 046.001 249.18-1 265.371 512.36
Shareholders equity total9 008.1510 257.339 141.9610 654.32
Balance sheet total (assets)13 370.2413 069.3611 882.8813 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 %
ROA15.5 %9.7 %2.1 %11.9 %
ROE22.7 %13.0 %-13.0 %15.3 %
ROI20.7 %12.3 %2.6 %14.6 %
Economic value added (EVA)2 000.47549.21-40.90795.12
Solvency
Equity ratio67.4 %78.5 %76.9 %78.6 %
Gearing
Relative net indebtedness %-78.4 %-85.3 %-69.3 %-65.5 %
Liquidity
Quick ratio3.64.94.74.5
Current ratio3.64.94.74.5
Cash and cash equivalents11 519.2211 426.1710 035.2511 251.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2.3 %-12.6 %-11.0 %-7.1 %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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