Geco Global ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Geco Global ApS
Geco Global ApS (CVR number: 40092188) is a company from RINGSTED. The company recorded a gross profit of 494.4 kEUR in 2021. The operating profit was -12.2 kEUR, while net earnings were -12.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -38.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. Geco Global ApS's liquidity measured by quick ratio was 6.1 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 182.10 | 373.06 | 494.43 |
EBIT | 47.70 | -3.71 | -12.18 |
Net earnings | 36.47 | -4.44 | -12.19 |
Shareholders equity total | 41.87 | 37.43 | 25.23 |
Balance sheet total (assets) | 460.16 | 297.38 | 344.56 |
Net debt | - 278.45 | - 146.25 | - 274.41 |
Profitability | |||
EBIT-% | |||
ROA | 10.4 % | -1.0 % | -3.8 % |
ROE | 87.1 % | -11.2 % | -38.9 % |
ROI | 74.0 % | -6.3 % | -30.1 % |
Economic value added (EVA) | 36.95 | 10.55 | -2.99 |
Solvency | |||
Equity ratio | 31.7 % | 26.9 % | 31.1 % |
Gearing | 54.0 % | 42.7 % | 8.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 5.1 | 2.9 | 6.1 |
Current ratio | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 301.07 | 162.24 | 276.57 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BBB |
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