GÅSDAL BYGNINGSINDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 46911512
Bækgårdsvej 38, 6900 Skjern

Credit rating

Company information

Official name
GÅSDAL BYGNINGSINDUSTRI A/S
Personnel
278 persons
Established
1973
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About GÅSDAL BYGNINGSINDUSTRI A/S

GÅSDAL BYGNINGSINDUSTRI A/S (CVR number: 46911512) is a company from RINGKØBING-SKJERN. The company reported a net sales of 716.8 mDKK in 2023, demonstrating a decline of -6.4 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 25.3 mDKK), while net earnings were 5624 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GÅSDAL BYGNINGSINDUSTRI A/S's liquidity measured by quick ratio was 0 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales497.70546.80623.90765.67716.80
Gross profit497.70546.80623.90163.97171.26
EBIT497.70546.80623.9018.8125.33
Net earnings10.8014.307.1013.525.62
Shareholders equity total55.8059.3052.1065.6271.25
Balance sheet total (assets)130.10146.50218.80330.63421.17
Net debt166.78239.81
Profitability
EBIT-%100.0 %100.0 %100.0 %2.5 %3.5 %
ROA375.8 %395.4 %341.6 %7.1 %6.8 %
ROE16.7 %24.8 %12.7 %23.0 %8.2 %
ROI485.0 %395.4 %341.6 %8.5 %9.2 %
Economic value added (EVA)494.01544.00620.9212.2717.06
Solvency
Equity ratio100.0 %100.0 %100.0 %19.8 %16.9 %
Gearing254.2 %336.6 %
Relative net indebtedness %33.6 %47.6 %
Liquidity
Quick ratio0.00.0
Current ratio0.90.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3.8 %-12.6 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.82%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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