GTS-FORM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GTS-FORM ApS
GTS-FORM ApS (CVR number: 10301831) is a company from VIBORG. The company recorded a gross profit of -10.8 kDKK in 2023. The operating profit was -10.8 kDKK, while net earnings were 4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GTS-FORM ApS's liquidity measured by quick ratio was 7.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27.09 | 0.92 | 9.02 | 6.60 | -10.80 |
EBIT | 15.45 | 0.92 | 9.02 | 6.60 | -10.80 |
Net earnings | 19.91 | 18.27 | 20.82 | 20.28 | 4.65 |
Shareholders equity total | 329.83 | 348.09 | 368.91 | 389.19 | 393.84 |
Balance sheet total (assets) | 378.95 | 398.77 | 398.91 | 508.85 | 453.74 |
Net debt | -51.33 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 6.6 % | 6.7 % | 5.6 % | 1.8 % |
ROE | 6.2 % | 5.4 % | 5.8 % | 5.4 % | 1.2 % |
ROI | 10.8 % | 7.5 % | 7.5 % | 6.7 % | 2.2 % |
Economic value added (EVA) | -4.12 | -13.31 | -10.49 | -13.24 | -27.11 |
Solvency | |||||
Equity ratio | 87.0 % | 87.3 % | 92.5 % | 76.5 % | 86.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.7 | 7.9 | 13.3 | 4.3 | 7.6 |
Current ratio | 7.7 | 7.9 | 13.3 | 4.3 | 7.6 |
Cash and cash equivalents | 51.33 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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