GODSKE GROUP A/S

CVR number: 13238006
Navervej 6-8, 7451 Sunds
tel: 96292988

Credit rating

Company information

Official name
GODSKE GROUP A/S
Established
1989
Company form
Limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

About GODSKE GROUP A/S

GODSKE GROUP A/S (CVR number: 13238006K) is a company from HERNING. The company reported a net sales of 414 mDKK in 2023, demonstrating a growth of 14 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 3.1 mDKK), while net earnings were 1579 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GODSKE GROUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales357.19278.19241.53363.05413.96
Gross profit100.6866.0564.2484.7893.02
EBIT20.19-13.54-8.220.683.06
Net earnings15.24-13.29-6.97-1.581.58
Shareholders equity total108.7393.1789.2285.9288.51
Balance sheet total (assets)209.06193.53181.82234.33200.28
Net debt20.4615.294.9963.9142.65
Profitability
EBIT-%5.7 %-4.9 %-3.4 %0.2 %0.7 %
ROA12.8 %-6.1 %-1.8 %2.1 %2.2 %
ROE13.4 %-13.2 %-7.6 %-1.8 %1.8 %
ROI16.3 %-8.2 %-2.7 %3.0 %3.0 %
Economic value added (EVA)11.89-14.44-12.94-2.54-1.36
Solvency
Equity ratio52.1 %48.2 %49.1 %36.7 %44.2 %
Gearing51.8 %46.4 %34.9 %91.0 %72.7 %
Relative net indebtedness %18.0 %26.0 %27.5 %36.9 %21.8 %
Liquidity
Quick ratio1.41.31.20.81.2
Current ratio1.81.71.71.51.6
Cash and cash equivalents35.9027.9026.1514.2821.70
Capital use efficiency
Trade debtors turnover (days)98.5118.8107.091.883.3
Net working capital %22.8 %24.5 %28.3 %18.5 %17.2 %
Credit risk
Credit ratingAABBBBBBAA

Variable visualization

ROA:2.20%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.2%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

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