Genklang ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Genklang ApS
Genklang ApS (CVR number: 40174729) is a company from VEJLE. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were -17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.3 %, which can be considered poor and Return on Equity (ROE) was -195.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Genklang ApS's liquidity measured by quick ratio was 0.5 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 | 38.79 | ||||
Gross profit | 23.17 | 31.86 | 161.07 | 27.72 | -16.82 |
EBIT | 23.17 | 2.24 | 9.40 | -2.25 | -16.82 |
Net earnings | 17.93 | 1.68 | 7.14 | -2.45 | -17.68 |
Shareholders equity total | 17.93 | 9.88 | 17.02 | 14.57 | -3.11 |
Balance sheet total (assets) | 38.64 | 36.92 | 57.70 | 39.18 | 3.55 |
Net debt | -23.17 | -33.25 | -45.14 | -35.02 | 2.35 |
Profitability | |||||
EBIT-% | 59.7 % | ||||
ROA | 60.0 % | 5.9 % | 19.9 % | -4.6 % | -73.3 % |
ROE | 100.0 % | 12.1 % | 53.1 % | -15.5 % | -195.2 % |
ROI | 69.4 % | 10.3 % | 66.9 % | -13.5 % | -157.9 % |
Economic value added (EVA) | 17.93 | 3.28 | 8.50 | -0.79 | -15.75 |
Solvency | |||||
Equity ratio | 46.4 % | 26.8 % | 29.5 % | 37.2 % | -46.7 % |
Gearing | 86.3 % | 3.6 % | 5.0 % | 5.9 % | -188.1 % |
Relative net indebtedness % | -46.2 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 1.2 | 1.3 | 1.5 | 0.5 |
Current ratio | 1.9 | 1.2 | 1.3 | 1.5 | 0.5 |
Cash and cash equivalents | 38.64 | 33.61 | 45.99 | 35.87 | 3.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 46.2 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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