GG2D ApS — Credit Rating and Financial Key Figures

CVR number: 37053023
Hvissingevej 118, 2600 Glostrup

Credit rating

Company information

Official name
GG2D ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About GG2D ApS

GG2D ApS (CVR number: 37053023) is a company from GLOSTRUP. The company recorded a gross profit of 1136 kDKK in 2023. The operating profit was -169.6 kDKK, while net earnings were -133.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, 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. GG2D ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit514.20949.751 313.391 664.251 135.99
EBIT23.8639.44453.97559.29- 169.62
Net earnings13.3129.46352.27439.75- 133.35
Shareholders equity total203.17232.58584.851 024.60891.25
Balance sheet total (assets)318.82473.30762.351 314.081 215.98
Net debt-70.63-29.90-25.53- 185.126.27
Profitability
EBIT-%
ROA7.1 %10.0 %73.5 %53.9 %-13.2 %
ROE6.8 %13.5 %86.2 %54.6 %-13.9 %
ROI10.2 %15.5 %97.8 %66.8 %-17.1 %
Economic value added (EVA)9.3623.34346.10413.83- 176.24
Solvency
Equity ratio63.7 %49.1 %76.7 %78.0 %73.3 %
Gearing28.5 %6.7 %0.5 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.62.11.81.6
Current ratio2.11.72.21.91.8
Cash and cash equivalents70.6396.1064.58190.6315.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.3%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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