GEO24 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GEO24 ApS
GEO24 ApS (CVR number: 33874197) is a company from KØBENHAVN. The company recorded a gross profit of -384.4 kDKK in 2023. The operating profit was -384.4 kDKK, while net earnings were -307.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. GEO24 ApS's liquidity measured by quick ratio was 1.8 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 | 149.48 | 1 512.04 | 598.19 | 599.50 | - 384.36 |
EBIT | 149.48 | 1 512.04 | 598.19 | 599.50 | - 384.36 |
Net earnings | -1 583.29 | 1 991.27 | 556.21 | 471.98 | - 307.11 |
Shareholders equity total | -1 761.05 | 230.22 | 786.43 | 1 258.41 | 951.30 |
Balance sheet total (assets) | 439.36 | 1 063.97 | 1 753.54 | 2 315.89 | 2 092.43 |
Net debt | 926.05 | - 231.60 | 138.21 | 105.49 | 443.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 152.2 % | 42.6 % | 30.1 % | -17.4 % |
ROE | -113.4 % | 594.8 % | 109.4 % | 46.2 % | -27.8 % |
ROI | 16.9 % | 305.9 % | 96.1 % | 48.9 % | -26.2 % |
Economic value added (EVA) | 189.18 | 1 606.32 | 564.35 | 431.16 | - 355.19 |
Solvency | |||||
Equity ratio | -158.3 % | 79.7 % | 75.2 % | 74.9 % | 66.3 % |
Gearing | -59.1 % | 14.9 % | 25.3 % | 20.9 % | 48.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 18.2 | 6.8 | 5.5 | 1.8 |
Current ratio | 0.2 | 1.3 | 1.8 | 2.2 | 0.2 |
Cash and cash equivalents | 115.30 | 265.82 | 61.06 | 157.90 | 14.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
Variable visualization
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