GODSKE GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GODSKE GROUP A/S
GODSKE GROUP A/S (CVR number: 13238006) is a company from HERNING. The company reported a net sales of 235.5 mDKK in 2024, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was poor at -2 % (EBIT: -4.6 mDKK), while net earnings were 129 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GODSKE GROUP A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 267 972.00 | 235 473.00 | |
Gross profit | 28 691.00 | 31 039.00 | |
EBIT | -6 939.00 | -4 631.00 | |
Net earnings | 1 579.00 | 129.00 | |
Shareholders equity total | 88 512.00 | 90 590.00 | |
Balance sheet total (assets) | 218 596.00 | 249 949.00 | |
Net debt | 102 563.00 | 139 144.00 | |
Profitability | |||
EBIT-% | -2.6 % | -2.0 % | |
ROA | 3.5 % | 4.1 % | |
ROE | 1.8 % | 0.1 % | |
ROI | 3.8 % | 4.4 % | |
Economic value added (EVA) | - 613.90 | -6 991.73 | -2 376.09 |
Solvency | |||
Equity ratio | 40.5 % | 36.2 % | |
Gearing | 124.2 % | 158.2 % | |
Relative net indebtedness % | 45.8 % | 65.9 % | |
Liquidity | |||
Quick ratio | 0.4 | 0.4 | |
Current ratio | 0.8 | 0.7 | |
Cash and cash equivalents | 7 336.00 | 4 198.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 32.8 | 28.3 | |
Net working capital % | -10.9 % | -19.4 % | |
Credit risk | |||
Credit rating | AA | AA |
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