GT Group ApS — Credit Rating and Financial Key Figures

CVR number: 39098717
Michael Drewsens Vej 1 A, 8270 Højbjerg

Credit rating

Company information

Official name
GT Group ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales301.15327.99407.89332.42275.83
Gross profit32.1645.9873.0544.8939.29
EBIT9.0523.6846.2316.469.44
Net earnings5.1716.2035.549.564.72
Shareholders equity total42.4256.4888.5478.3770.75
Balance sheet total (assets)164.01188.02233.57216.70209.01
Net debt85.2489.0183.2796.8497.54
Profitability
EBIT-%3.0 %7.2 %11.3 %5.0 %3.4 %
ROA5.6 %13.6 %22.1 %7.3 %4.9 %
ROE13.0 %32.8 %49.1 %11.5 %6.3 %
ROI6.8 %17.0 %28.7 %9.3 %5.9 %
Economic value added (EVA)3.9714.7631.286.252.85
Solvency
Equity ratio27.8 %31.5 %38.7 %37.0 %34.6 %
Gearing202.6 %158.8 %95.6 %125.1 %141.1 %
Relative net indebtedness %39.8 %39.4 %34.8 %40.7 %48.5 %
Liquidity
Quick ratio0.40.70.60.60.6
Current ratio1.11.61.81.71.7
Cash and cash equivalents0.710.681.341.192.32
Capital use efficiency
Trade debtors turnover (days)48.262.350.251.555.3
Net working capital %4.3 %15.6 %19.3 %20.6 %20.7 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:4.86%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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