GF Money Consumer Finance Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38003399
Carl Jacobsens Vej 16, 2500 Valby
tel: 78793734

Credit rating

Company information

Official name
GF Money Consumer Finance Denmark ApS
Personnel
3 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About GF Money Consumer Finance Denmark ApS

GF Money Consumer Finance Denmark ApS (CVR number: 38003399) is a company from KØBENHAVN. The company recorded a gross profit of 1681.3 kDKK in 2023. The operating profit was 674.3 kDKK, while net earnings were -3991.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, 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. GF Money Consumer Finance Denmark ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales20 423.0822 485.49
Gross profit8 457.748 084.64-3 720.267 340.761 681.26
EBIT6 739.736 437.01-4 707.316 341.16674.27
Net earnings-10.58- 693.54-10 705.963 004.27-3 991.39
Shareholders equity total-1 361.81-2 066.56-12 772.52-9 768.25-13 759.64
Balance sheet total (assets)58 958.8161 378.5340 692.7632 378.6442 348.80
Net debt57 250.6455 496.1420 842.2941 517.8455 553.39
Profitability
EBIT-%33.0 %28.6 %
ROA13.7 %10.6 %-8.0 %13.4 %1.5 %
ROE-0.0 %-1.2 %-21.0 %8.2 %-10.7 %
ROI14.3 %11.1 %-8.5 %14.1 %1.5 %
Economic value added (EVA)4 981.036 513.70-4 349.365 144.051 165.13
Solvency
Equity ratio0.2 %3.3 %-23.9 %10.0 %0.4 %
Gearing-4216.1 %-2930.1 %-163.2 %-425.0 %-403.7 %
Relative net indebtedness %294.6 %259.7 %
Liquidity
Quick ratio1.82.01.60.81.0
Current ratio1.82.01.60.81.0
Cash and cash equivalents164.345 056.79
Capital use efficiency
Trade debtors turnover (days)1 039.6903.0
Net working capital %128.1 %133.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.49%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.38%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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