GnB Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GnB Service ApS
GnB Service ApS (CVR number: 39196301) is a company from HVIDOVRE. The company reported a net sales of 8 mDKK in 2023, demonstrating a growth of 23.9 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 0.5 mDKK), while net earnings were 286.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 55.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. GnB Service ApS's liquidity measured by quick ratio was 1.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 945.53 | 548.68 | 4 098.98 | 6 432.85 | 7 969.81 |
Gross profit | 719.31 | 373.26 | 2 358.55 | 3 809.35 | 3 644.11 |
EBIT | 29.60 | 41.50 | 132.36 | 386.11 | 465.14 |
Net earnings | 19.81 | 30.11 | 94.79 | 256.27 | 286.88 |
Shareholders equity total | 49.32 | 79.45 | 174.26 | 430.53 | 603.02 |
Balance sheet total (assets) | 133.41 | 314.37 | 1 133.35 | 3 087.38 | 2 667.82 |
Net debt | -43.38 | - 238.16 | - 631.73 | -1 241.85 | -1 095.58 |
Profitability | |||||
EBIT-% | 3.1 % | 7.6 % | 3.2 % | 6.0 % | 5.8 % |
ROA | 16.1 % | 18.5 % | 18.3 % | 18.3 % | 16.3 % |
ROE | 33.9 % | 46.8 % | 74.7 % | 84.7 % | 55.5 % |
ROI | 43.9 % | 57.9 % | 63.8 % | 80.4 % | 74.0 % |
Economic value added (EVA) | 28.53 | 32.72 | 109.02 | 305.82 | 370.39 |
Solvency | |||||
Equity ratio | 37.0 % | 25.3 % | 15.4 % | 13.9 % | 22.6 % |
Gearing | 0.6 % | 3.2 % | 8.7 % | 5.3 % | |
Relative net indebtedness % | 3.4 % | -1.6 % | 7.7 % | 18.9 % | 11.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.4 | 1.1 | 1.0 | 1.2 |
Current ratio | 1.0 | 1.4 | 1.1 | 1.2 | 1.2 |
Cash and cash equivalents | 43.38 | 238.64 | 637.29 | 1 279.32 | 1 127.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.8 | 46.7 | 18.2 | 65.6 | 59.5 |
Net working capital % | -0.4 % | 14.7 % | 1.0 % | 6.5 % | 6.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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