RADIO GO!FM A/S — Credit Rating and Financial Key Figures

CVR number: 31625033
Jens Baggesens Vej 90 K, 8200 Aarhus N
tel: 86405522
www.gofm.dk
Free credit report Annual report

Company information

Official name
RADIO GO!FM A/S
Personnel
7 persons
Established
2008
Company form
Limited company
Industry

About RADIO GO!FM A/S

RADIO GO!FM A/S (CVR number: 31625033) is a company from AARHUS. The company recorded a gross profit of 1924.8 kDKK in 2024. The operating profit was -2136.1 kDKK, while net earnings were -1825.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.5 %, which can be considered poor and Return on Equity (ROE) was -120.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -86 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RADIO GO!FM A/S's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 449.231 970.403 067.002 397.001 924.83
EBIT-1 507.85-1 905.58-1 044.00-1 599.00-2 136.06
Net earnings-1 174.97-1 574.36- 930.00-1 380.00-1 825.35
Shareholders equity total-4 646.47-6 220.83-7 151.00-8 531.00-10 355.97
Balance sheet total (assets)1 737.312 302.141 563.001 334.001 686.93
Net debt5 088.226 973.567 480.009 104.0011 021.36
Profitability
EBIT-%
ROA-25.5 %-25.6 %-12.1 %-17.2 %-19.5 %
ROE-63.5 %-77.9 %-48.1 %-95.3 %-120.8 %
ROI-30.2 %-30.3 %-14.2 %-19.1 %-21.1 %
Economic value added (EVA)- 999.61-1 252.82- 496.86- 886.19-1 234.42
Solvency
Equity ratio-73.2 %-73.0 %-82.1 %-86.5 %-86.0 %
Gearing-109.5 %-113.5 %-105.7 %-107.4 %-106.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.10.1
Current ratio0.30.30.20.10.1
Cash and cash equivalents0.4987.4479.0061.0019.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-19.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-86.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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