GO ESTATE ApS — Credit Rating and Financial Key Figures

CVR number: 32562876
Willemoesgade 29, 2100 København Ø
michael@goestate.dk
tel: 20181920
www.goestate.dk
Free credit report Annual report

Credit rating

Company information

Official name
GO ESTATE ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About GO ESTATE ApS

GO ESTATE ApS (CVR number: 32562876) is a company from KØBENHAVN. The company recorded a gross profit of 578.2 kDKK in 2024. The operating profit was 2441.3 kDKK, while net earnings were 44.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. GO ESTATE ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 218.012 075.691 006.111 479.21578.24
EBIT3 098.112 075.69- 896.612 744.612 441.27
Net earnings2 750.961 629.63513.18408.9344.37
Shareholders equity total11 612.6013 242.2313 755.4014 164.3314 208.70
Balance sheet total (assets)23 465.1430 557.8446 488.7352 505.0453 843.14
Net debt10 945.3711 160.2720 254.2723 094.7814 710.99
Profitability
EBIT-%
ROA13.4 %7.9 %3.4 %4.8 %4.6 %
ROE26.9 %13.1 %3.8 %2.9 %0.3 %
ROI14.0 %8.9 %4.5 %6.6 %6.6 %
Economic value added (EVA)2 026.93806.54-1 947.18239.18- 243.63
Solvency
Equity ratio49.5 %43.3 %29.6 %27.0 %26.4 %
Gearing94.3 %87.8 %147.3 %163.1 %151.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.31.20.30.30.5
Current ratio5.31.20.30.30.5
Cash and cash equivalents2.00465.622.002.006 802.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:4.59%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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