GM TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 28111193
Mosetoften 13-15, 8722 Hedensted

Credit rating

Company information

Official name
GM TRADING ApS
Personnel
9 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GM TRADING ApS

GM TRADING ApS (CVR number: 28111193) is a company from HEDENSTED. The company recorded a gross profit of 6028 kDKK in 2023. The operating profit was 3008.8 kDKK, while net earnings were 2344 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. GM TRADING ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 782.993 866.914 573.124 700.336 027.98
EBIT989.821 625.381 908.882 304.443 008.82
Net earnings746.221 233.751 445.971 770.142 344.00
Shareholders equity total4 691.395 925.146 871.118 141.259 985.25
Balance sheet total (assets)9 667.3913 652.7114 548.3714 895.2519 493.25
Net debt- 882.13-6 350.83- 453.97- 794.33-4 203.72
Profitability
EBIT-%
ROA10.8 %13.9 %13.5 %15.7 %17.8 %
ROE16.7 %23.2 %22.6 %23.6 %25.9 %
ROI21.4 %29.9 %29.8 %30.7 %33.7 %
Economic value added (EVA)606.861 082.191 504.461 466.741 969.77
Solvency
Equity ratio48.5 %43.4 %47.2 %54.7 %51.2 %
Gearing5.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.51.71.7
Current ratio1.91.71.92.22.0
Cash and cash equivalents1 128.226 350.83453.97794.334 203.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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