Credit rating
Company information
About GOOGLE DENMARK ApS
GOOGLE DENMARK ApS (CVR number: 28866984) is a company from KØBENHAVN. The company reported a net sales of 462 mDKK in 2023, demonstrating a growth of 13.2 % compared to the previous year. The operating profit percentage was at 18 % (EBIT: 83.1 mDKK), while net earnings were 70.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. GOOGLE DENMARK ApS's liquidity measured by quick ratio was 3.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 283.54 | 322.43 | 341.29 | 408.27 | 461.99 |
Gross profit | 283.54 | 322.43 | 341.29 | 326.98 | 394.76 |
EBIT | 283.54 | 322.43 | 341.29 | 76.59 | 83.15 |
Net earnings | 16.50 | 21.90 | 48.41 | 60.14 | 70.21 |
Shareholders equity total | 108.45 | 130.35 | 178.76 | 238.90 | 309.11 |
Balance sheet total (assets) | 201.16 | 263.27 | 243.54 | 348.88 | 412.86 |
Net debt | 25.78 | 0.34 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 18.8 % | 18.0 % |
ROA | 152.1 % | 138.8 % | 134.7 % | 26.1 % | 23.7 % |
ROE | 16.5 % | 18.3 % | 31.3 % | 28.8 % | 25.6 % |
ROI | 152.1 % | 138.8 % | 134.7 % | 29.4 % | 30.4 % |
Economic value added (EVA) | 278.92 | 316.98 | 334.74 | 50.64 | 52.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 68.5 % | 74.9 % |
Gearing | 10.8 % | 0.1 % | |||
Relative net indebtedness % | 22.4 % | 22.3 % | |||
Liquidity | |||||
Quick ratio | 3.3 | 3.7 | |||
Current ratio | 3.3 | 3.7 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 52.4 % | 59.6 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | AA | A |
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