GEV AMBA
Credit rating
Company information
About GEV AMBA
GEV AMBA (CVR number: 26612330K) is a company from BILLUND. The company reported a net sales of 87.5 mDKK in 2023, demonstrating a growth of 18.5 % compared to the previous year. The operating profit percentage was poor at -5.6 % (EBIT: -4.9 mDKK), while net earnings were 5741.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. GEV AMBA's liquidity measured by quick ratio was 1.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 74.79 | 73.30 | 76.89 | 73.83 | 87.52 |
Gross profit | 30.93 | 27.88 | 39.31 | 39.67 | 31.58 |
EBIT | -2.94 | -3.90 | -2.12 | -1.26 | -4.93 |
Net earnings | 2.84 | -6.24 | 0.06 | -16.06 | 5.74 |
Shareholders equity total | 191.30 | 185.06 | 185.12 | 169.06 | 174.80 |
Balance sheet total (assets) | 396.76 | 496.27 | 478.28 | 465.07 | 482.48 |
Net debt | -90.38 | -13.71 | 20.18 | 45.34 | 40.40 |
Profitability | |||||
EBIT-% | -3.9 % | -5.3 % | -2.8 % | -1.7 % | -5.6 % |
ROA | 2.2 % | -0.4 % | 0.9 % | 1.5 % | 2.1 % |
ROE | 1.5 % | -3.3 % | 0.0 % | -9.1 % | 3.3 % |
ROI | 2.7 % | -1.7 % | 0.4 % | 1.3 % | 2.3 % |
Economic value added (EVA) | -5.39 | -7.93 | -5.03 | -5.33 | -8.77 |
Solvency | |||||
Equity ratio | 50.4 % | 39.4 % | 39.6 % | 36.8 % | 36.5 % |
Gearing | 20.5 % | 64.3 % | 68.0 % | 80.6 % | 81.0 % |
Relative net indebtedness % | -34.6 % | 115.6 % | 118.9 % | 146.7 % | 128.1 % |
Liquidity | |||||
Quick ratio | 3.6 | 2.9 | 2.5 | 1.9 | 1.6 |
Current ratio | 2.7 | 2.1 | 2.1 | 1.8 | 1.5 |
Cash and cash equivalents | 129.54 | 132.70 | 105.72 | 90.94 | 101.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 184.6 | 192.2 | 207.3 | 206.0 | 180.8 |
Net working capital % | 54.8 % | 33.6 % | -21.7 % | -26.8 % | -53.4 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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