GG Ejendomsudvikling K/S — Credit Rating and Financial Key Figures

CVR number: 35483063
Østergade 1, 1100 København K

Credit rating

Company information

Official name
GG Ejendomsudvikling K/S
Established
2013
Company form
Limited partnership
Industry
  • Expand more icon681200

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 199.81- 106.98246.27-17.87-21.17
EBIT- 199.81- 106.98246.27-17.87-21.17
Net earnings5 293.996 744.144 916.30- 461.46- 443.39
Shareholders equity total24 129.3929 873.5321 025.674 764.214 320.82
Balance sheet total (assets)48 734.4032 598.5825 616.665 187.764 595.77
Net debt24 428.942 339.614 122.06-8.20- 872.75
Profitability
EBIT-%
ROA23.5 %19.9 %20.0 %-0.7 %-8.5 %
ROE24.6 %25.0 %19.3 %-3.6 %-9.8 %
ROI23.7 %20.1 %20.3 %-0.7 %-9.0 %
Economic value added (EVA)1 305.62766.01- 977.89- 471.45- 771.85
Solvency
Equity ratio49.5 %91.6 %82.1 %91.8 %94.0 %
Gearing101.4 %7.9 %20.0 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.111.04.36.98.0
Current ratio1.111.04.36.98.0
Cash and cash equivalents41.9025.8789.73103.33872.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-8.47%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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