GT Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GT Group ApS
GT Group ApS (CVR number: 39098717K) is a company from AARHUS. The company reported a net sales of 275.8 mDKK in 2023, demonstrating a decline of -17 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 9.4 mDKK), while net earnings were 4719.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GT Group ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 301.15 | 327.99 | 407.89 | 332.42 | 275.83 |
Gross profit | 32.16 | 45.98 | 73.05 | 44.89 | 39.29 |
EBIT | 9.05 | 23.68 | 46.23 | 16.46 | 9.44 |
Net earnings | 5.17 | 16.20 | 35.54 | 9.56 | 4.72 |
Shareholders equity total | 42.42 | 56.48 | 88.54 | 78.37 | 70.75 |
Balance sheet total (assets) | 164.01 | 188.02 | 233.57 | 216.70 | 209.01 |
Net debt | 85.24 | 89.01 | 83.27 | 96.84 | 97.54 |
Profitability | |||||
EBIT-% | 3.0 % | 7.2 % | 11.3 % | 5.0 % | 3.4 % |
ROA | 5.6 % | 13.6 % | 22.1 % | 7.3 % | 4.9 % |
ROE | 13.0 % | 32.8 % | 49.1 % | 11.5 % | 6.3 % |
ROI | 6.8 % | 17.0 % | 28.7 % | 9.3 % | 5.9 % |
Economic value added (EVA) | 3.97 | 14.76 | 31.28 | 6.25 | 2.85 |
Solvency | |||||
Equity ratio | 27.8 % | 31.5 % | 38.7 % | 37.0 % | 34.6 % |
Gearing | 202.6 % | 158.8 % | 95.6 % | 125.1 % | 141.1 % |
Relative net indebtedness % | 39.8 % | 39.4 % | 34.8 % | 40.7 % | 48.5 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.6 | 0.6 | 0.6 |
Current ratio | 1.1 | 1.6 | 1.8 | 1.7 | 1.7 |
Cash and cash equivalents | 0.71 | 0.68 | 1.34 | 1.19 | 2.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.2 | 62.3 | 50.2 | 51.5 | 55.3 |
Net working capital % | 4.3 % | 15.6 % | 19.3 % | 20.6 % | 20.7 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AAA | AAA |
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