Goerdyna Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Goerdyna Holding A/S
Goerdyna Holding A/S (CVR number: 27215548K) is a company from SKANDERBORG. The company reported a net sales of 344.9 mDKK in 2020, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 3.4 mDKK), while net earnings were 4416 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 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. Goerdyna Holding A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 343.70 | 412.15 | 420.67 | 365.49 | 344.86 |
Gross profit | 80.97 | 98.85 | 81.04 | 60.62 | 120.40 |
EBIT | -75.10 | -68.84 | -88.83 | - 219.06 | 3.45 |
Net earnings | - 105.26 | -38.18 | - 131.74 | - 230.71 | 4.42 |
Shareholders equity total | - 104.35 | -19.24 | - 152.03 | - 189.61 | 188.65 |
Balance sheet total (assets) | 428.55 | 423.88 | 478.82 | 308.75 | 318.49 |
Net debt | 407.51 | 315.22 | 495.47 | 354.90 | -41.18 |
Profitability | |||||
EBIT-% | -21.8 % | -16.7 % | -21.1 % | -59.9 % | 1.0 % |
ROA | -14.1 % | -8.6 % | -17.9 % | -38.2 % | 4.1 % |
ROE | -24.6 % | -9.0 % | -29.2 % | -58.6 % | 1.8 % |
ROI | -17.9 % | -11.1 % | -22.6 % | -46.6 % | 5.4 % |
Economic value added (EVA) | -77.89 | -59.27 | -92.98 | - 199.27 | 5.39 |
Solvency | |||||
Equity ratio | -8.5 % | 30.1 % | -1.1 % | -40.5 % | 65.5 % |
Gearing | -395.5 % | -1702.5 % | -338.1 % | -208.7 % | 11.3 % |
Relative net indebtedness % | 152.1 % | 104.0 % | 144.1 % | 123.2 % | 18.4 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.3 | 0.2 | 0.4 | 1.4 |
Current ratio | 1.0 | 0.8 | 0.6 | 0.7 | 2.3 |
Cash and cash equivalents | 5.18 | 12.38 | 18.60 | 40.85 | 62.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.2 | 44.1 | 48.9 | 45.6 | 52.9 |
Net working capital % | -2.6 % | -14.0 % | -42.1 % | -22.5 % | 39.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | AAA |
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