GMS ApS — Credit Rating and Financial Key Figures

CVR number: 31255775
Kanalvej 81, Fannerup 8560 Kolind

Credit rating

Company information

Official name
GMS ApS
Personnel
9 persons
Established
2008
Domicile
Fannerup
Company form
Private limited company
Industry

About GMS ApS

GMS ApS (CVR number: 31255775) is a company from NORDDJURS. The company recorded a gross profit of 2729.3 kDKK in 2023. The operating profit was 562.7 kDKK, while net earnings were 490.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. GMS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 781.892 362.182 773.362 720.882 729.28
EBIT212.49657.20822.56627.67562.72
Net earnings173.60521.06651.34514.55490.34
Shareholders equity total1 013.601 534.662 186.012 700.563 190.89
Balance sheet total (assets)2 924.333 955.944 142.204 668.474 361.12
Net debt- 371.21- 892.23-1 303.06- 292.56- 599.11
Profitability
EBIT-%
ROA8.6 %20.0 %21.2 %15.5 %14.1 %
ROE18.7 %40.9 %35.0 %21.1 %16.6 %
ROI17.8 %41.0 %42.0 %27.7 %21.4 %
Economic value added (EVA)103.94436.93542.94373.62298.47
Solvency
Equity ratio37.7 %41.9 %52.8 %58.2 %73.2 %
Gearing38.9 %19.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.31.31.3
Current ratio1.31.21.41.31.5
Cash and cash equivalents765.851 191.371 303.06292.56599.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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