GN BELYSNING A/S — Credit Rating and Financial Key Figures

CVR number: 31472210
Birkegårdsvej 4, Birk 7400 Herning
gnbelysning@gnbelysning.dk
tel: 97223112

Credit rating

Company information

Official name
GN BELYSNING A/S
Personnel
15 persons
Established
2008
Domicile
Birk
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GN BELYSNING A/S

GN BELYSNING A/S (CVR number: 31472210) is a company from HERNING. The company recorded a gross profit of 10.9 mDKK in 2023. The operating profit was 3358.5 kDKK, while net earnings were 2495.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GN BELYSNING A/S's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 206.8313 115.6013 740.1311 441.7410 924.86
EBIT6 305.424 916.276 206.513 722.813 358.47
Net earnings4 875.573 748.074 732.212 752.012 495.51
Shareholders equity total18 736.1918 480.8720 213.0818 965.0919 460.60
Balance sheet total (assets)29 468.0627 586.5525 983.3326 818.5526 314.24
Net debt-8 996.84-2 206.89- 923.59-4 315.01-2 478.00
Profitability
EBIT-%
ROA24.7 %17.2 %23.2 %14.1 %12.7 %
ROE27.4 %20.1 %24.5 %14.0 %13.0 %
ROI35.3 %25.8 %30.4 %18.3 %17.4 %
Economic value added (EVA)4 138.633 338.784 029.391 974.921 869.04
Solvency
Equity ratio63.6 %67.0 %77.8 %70.7 %74.0 %
Gearing0.0 %2.3 %5.1 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.51.31.1
Current ratio3.13.46.04.04.0
Cash and cash equivalents9 000.222 633.831 950.234 388.792 549.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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