K/S GG 8 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S GG 8
K/S GG 8 (CVR number: 36407581) is a company from KØBENHAVN. The company recorded a gross profit of -55.1 kDKK in 2023. The operating profit was -55.1 kDKK, while net earnings were -49.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.4 %, which can be considered poor and Return on Equity (ROE) was -139.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S GG 8's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 250.75 | - 350.84 | -92.18 | - 191.10 | -55.13 |
EBIT | - 250.75 | - 350.84 | -92.18 | - 191.10 | -55.13 |
Net earnings | - 140.05 | - 296.89 | -69.23 | - 180.48 | -49.86 |
Shareholders equity total | 573.76 | 276.87 | 207.64 | 27.16 | -22.70 |
Balance sheet total (assets) | 603.76 | 316.34 | 266.57 | 95.42 | 44.46 |
Net debt | -2.44 | -20.38 | -3.56 | -0.28 | 12.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.7 % | -64.0 % | -22.3 % | -97.5 % | -59.4 % |
ROE | -21.8 % | -69.8 % | -28.6 % | -153.7 % | -139.2 % |
ROI | -17.4 % | -69.2 % | -26.9 % | -150.3 % | -218.1 % |
Economic value added (EVA) | - 277.65 | - 379.55 | - 105.06 | - 201.36 | -56.48 |
Solvency | |||||
Equity ratio | 95.0 % | 87.5 % | 77.9 % | 28.5 % | -33.8 % |
Gearing | -75.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 20.1 | 8.0 | 4.5 | 1.4 | 0.7 |
Current ratio | 20.1 | 8.0 | 4.5 | 1.4 | 0.7 |
Cash and cash equivalents | 2.44 | 20.38 | 3.56 | 0.28 | 4.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
Variable visualization
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