Global Fashion Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Global Fashion Group ApS
Global Fashion Group ApS (CVR number: 35255362) is a company from KØBENHAVN. The company recorded a gross profit of -4.7 kDKK in 2023. The operating profit was -4.7 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. Global Fashion Group ApS's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -89.63 | -43.92 | -14.39 | -4.75 | |
EBIT | - 102.88 | -43.92 | -14.39 | -4.75 | |
Net earnings | - 161.44 | -46.83 | -16.13 | -10.27 | |
Shareholders equity total | 376.92 | 330.08 | 313.95 | 303.68 | |
Balance sheet total (assets) | 1 216.64 | 1 159.99 | 1 163.86 | 452.57 | |
Net debt | 761.75 | 809.77 | 815.39 | 128.34 | |
Profitability | |||||
EBIT-% | |||||
ROA | -8.5 % | -3.7 % | -1.2 % | -0.6 % | |
ROE | -42.8 % | -13.2 % | -5.0 % | -3.3 % | |
ROI | -8.6 % | -3.8 % | -1.3 % | -0.6 % | |
Economic value added (EVA) | 130.98 | - 102.88 | -60.29 | -30.82 | -19.64 |
Solvency | |||||
Equity ratio | 31.0 % | 28.5 % | 27.0 % | 67.1 % | |
Gearing | 215.7 % | 246.3 % | 265.3 % | 45.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.4 | 3.0 | |
Current ratio | 1.4 | 1.4 | 1.4 | 3.0 | |
Cash and cash equivalents | 51.16 | 3.13 | 17.52 | 10.54 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB |
Variable visualization
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