GO FORLAG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GO FORLAG A/S
GO FORLAG A/S (CVR number: 73315913) is a company from KØBENHAVN. The company recorded a gross profit of 6574.1 kDKK in 2023. The operating profit was -2455 kDKK, while net earnings were -1935.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -20.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GO FORLAG A/S's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 301.15 | 8 068.97 | 9 534.30 | 8 594.59 | 6 574.06 |
EBIT | 192.63 | 1 534.79 | 1 303.56 | - 120.79 | -2 454.99 |
Net earnings | 147.07 | 1 367.33 | 1 108.37 | -12.93 | -1 935.74 |
Shareholders equity total | 7 830.53 | 9 197.86 | 10 306.23 | 10 293.30 | 8 357.56 |
Balance sheet total (assets) | 13 128.35 | 17 643.70 | 17 703.34 | 16 748.92 | 14 302.79 |
Net debt | -3 575.81 | -6 874.32 | -5 235.63 | -4 432.17 | -2 239.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 10.0 % | 7.4 % | -0.7 % | -15.8 % |
ROE | 1.9 % | 16.1 % | 11.4 % | -0.1 % | -20.8 % |
ROI | 2.3 % | 16.3 % | 12.2 % | -1.0 % | -24.3 % |
Economic value added (EVA) | 90.51 | 1 348.68 | 1 250.78 | -75.14 | -1 942.09 |
Solvency | |||||
Equity ratio | 59.6 % | 52.1 % | 58.2 % | 61.5 % | 58.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 1.3 | 1.1 | 0.8 |
Current ratio | 1.9 | 1.5 | 1.7 | 1.7 | 1.1 |
Cash and cash equivalents | 3 575.81 | 6 874.32 | 5 235.63 | 4 432.17 | 2 239.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | BBB |
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