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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 283.3 mDKK in 2024, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 14.8 mDKK), while net earnings were 8510.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 327.99 | 407.89 | 332.42 | 275.83 | 283.30 |
| Gross profit | 45.98 | 73.05 | 44.89 | 39.29 | 41.55 |
| EBIT | 23.68 | 46.23 | 16.46 | 9.44 | 14.81 |
| Net earnings | 16.20 | 35.54 | 9.56 | 4.72 | 8.51 |
| Shareholders equity total | 56.48 | 88.54 | 78.37 | 70.75 | 76.11 |
| Balance sheet total (assets) | 188.02 | 233.57 | 216.70 | 209.01 | 231.33 |
| Net debt | 97.54 | 112.74 | |||
| Profitability | |||||
| EBIT-% | 7.2 % | 11.3 % | 5.0 % | 3.4 % | 5.2 % |
| ROA | 13.5 % | 21.9 % | 7.3 % | 4.9 % | 7.5 % |
| ROE | 32.8 % | 49.0 % | 11.5 % | 6.3 % | 11.7 % |
| ROI | 14.9 % | 21.9 % | 7.3 % | 5.3 % | 8.9 % |
| Economic value added (EVA) | 17.18 | 43.40 | 12.01 | 4.81 | 2.45 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 34.6 % | 33.3 % |
| Gearing | 141.1 % | 156.5 % | |||
| Relative net indebtedness % | 48.5 % | 51.4 % | |||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.6 | |||
| Current ratio | 1.7 | 1.5 | |||
| Cash and cash equivalents | 2.32 | 6.39 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 55.3 | 66.2 | |||
| Net working capital % | 20.7 % | 17.0 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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