GG14 ApS
Credit rating
Company information
About GG14 ApS
GG14 ApS (CVR number: 29686076) is a company from SILKEBORG. The company recorded a gross profit of 885.3 kDKK in 2023. The operating profit was 863.3 kDKK, while net earnings were 606.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. GG14 ApS'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 | 873.04 | 865.24 | 909.98 | 954.16 | 885.30 |
EBIT | 1 274.27 | 1 896.47 | 3 925.21 | 965.39 | 863.30 |
Net earnings | 966.27 | 1 448.95 | 2 951.39 | 668.43 | 606.73 |
Shareholders equity total | 4 092.07 | 5 541.02 | 8 492.41 | 6 660.84 | 6 767.57 |
Balance sheet total (assets) | 21 697.96 | 23 174.18 | 26 531.15 | 24 749.27 | 24 798.36 |
Net debt | 16 545.01 | 16 322.05 | 16 161.30 | 16 184.78 | 16 082.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 8.6 % | 16.0 % | 3.9 % | 3.5 % |
ROE | 26.8 % | 30.1 % | 42.1 % | 8.8 % | 9.0 % |
ROI | 6.5 % | 8.9 % | 16.4 % | 4.0 % | 3.6 % |
Economic value added (EVA) | 10.37 | 457.86 | 1 931.21 | - 520.50 | - 477.22 |
Solvency | |||||
Equity ratio | 18.9 % | 23.9 % | 32.0 % | 26.9 % | 27.3 % |
Gearing | 404.3 % | 294.6 % | 190.3 % | 243.0 % | 237.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.0 | 3.6 | 0.7 | 0.8 |
Current ratio | 1.8 | 2.0 | 3.6 | 0.7 | 0.8 |
Cash and cash equivalents | 18.19 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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