GG Ejendomsudvikling K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GG Ejendomsudvikling K/S
GG Ejendomsudvikling K/S (CVR number: 35483063) is a company from KØBENHAVN. The company recorded a gross profit of -21.2 kDKK in 2023. The operating profit was -21.2 kDKK, while net earnings were -443.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GG Ejendomsudvikling K/S's liquidity measured by quick ratio was 8 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 | - 199.81 | - 106.98 | 246.27 | -17.87 | -21.17 |
EBIT | - 199.81 | - 106.98 | 246.27 | -17.87 | -21.17 |
Net earnings | 5 293.99 | 6 744.14 | 4 916.30 | - 461.46 | - 443.39 |
Shareholders equity total | 24 129.39 | 29 873.53 | 21 025.67 | 4 764.21 | 4 320.82 |
Balance sheet total (assets) | 48 734.40 | 32 598.58 | 25 616.66 | 5 187.76 | 4 595.77 |
Net debt | 24 428.94 | 2 339.61 | 4 122.06 | -8.20 | - 872.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.5 % | 19.9 % | 20.0 % | -0.7 % | -8.5 % |
ROE | 24.6 % | 25.0 % | 19.3 % | -3.6 % | -9.8 % |
ROI | 23.7 % | 20.1 % | 20.3 % | -0.7 % | -9.0 % |
Economic value added (EVA) | 1 305.62 | 766.01 | - 977.89 | - 471.45 | - 771.85 |
Solvency | |||||
Equity ratio | 49.5 % | 91.6 % | 82.1 % | 91.8 % | 94.0 % |
Gearing | 101.4 % | 7.9 % | 20.0 % | 2.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 11.0 | 4.3 | 6.9 | 8.0 |
Current ratio | 1.1 | 11.0 | 4.3 | 6.9 | 8.0 |
Cash and cash equivalents | 41.90 | 25.87 | 89.73 | 103.33 | 872.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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