GO INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GO INVEST A/S
GO INVEST A/S (CVR number: 29153507) is a company from IKAST-BRANDE. The company recorded a gross profit of -44.1 kDKK in 2023. The operating profit was -44.1 kDKK, while net earnings were 930.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. GO INVEST A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.00 | 478.01 | 1 655.48 | 2 209.88 | -44.07 |
EBIT | -12.00 | 478.01 | 1 655.48 | 2 209.88 | -44.07 |
Net earnings | - 598.89 | 2 368.50 | 7 544.31 | 3 955.50 | 930.93 |
Shareholders equity total | 1 859.37 | 4 227.87 | 11 772.18 | 15 727.68 | 15 658.61 |
Balance sheet total (assets) | 9 454.78 | 15 272.34 | 22 803.43 | 28 065.92 | 19 790.19 |
Net debt | 4 542.46 | 3 003.44 | 4 468.06 | 1 661.09 | 705.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 20.6 % | 40.8 % | 16.0 % | 4.4 % |
ROE | -27.7 % | 77.8 % | 94.3 % | 28.8 % | 5.9 % |
ROI | 4.2 % | 37.4 % | 66.2 % | 24.2 % | 6.2 % |
Economic value added (EVA) | -21.44 | 561.36 | 1 701.27 | 2 473.27 | - 472.89 |
Solvency | |||||
Equity ratio | 19.7 % | 27.7 % | 51.6 % | 56.0 % | 79.1 % |
Gearing | 244.3 % | 71.0 % | 38.0 % | 10.6 % | 4.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.0 | 0.3 | 0.8 |
Current ratio | 0.1 | 0.4 | 0.5 | 1.0 | 0.9 |
Cash and cash equivalents | 18.43 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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