K/S Byggeselskab GGN II — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Byggeselskab GGN II
K/S Byggeselskab GGN II (CVR number: 39281775) is a company from AARHUS. The company recorded a gross profit of 570.4 kDKK in 2022. The operating profit was -9070.9 kDKK, while net earnings were -10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -148.2 %, which can be considered poor and Return on Equity (ROE) was -199.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S Byggeselskab GGN II's liquidity measured by quick ratio was 0.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 410.68 | 4 205.60 | 1 915.90 | 1 100.11 | 570.42 |
EBIT | 9 410.68 | 2 705.60 | 1 915.90 | 1 100.11 | -9 070.94 |
Net earnings | 9 397.42 | 2 766.11 | 1 899.63 | 990.49 | -10 051.57 |
Shareholders equity total | 10 397.42 | 13 163.53 | 9 047.24 | 10 037.73 | -13.85 |
Balance sheet total (assets) | 51 279.88 | 32 706.63 | 21 522.29 | 10 832.63 | 17.37 |
Net debt | 20 072.13 | 7 819.05 | 7 732.51 | -15.51 | -4.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.4 % | 6.9 % | 8.0 % | 6.8 % | -148.2 % |
ROE | 90.4 % | 23.5 % | 17.1 % | 10.4 % | -199.9 % |
ROI | 23.9 % | 8.8 % | 9.3 % | 7.1 % | -200.2 % |
Economic value added (EVA) | 9 410.68 | 2 678.70 | 1 547.35 | 895.29 | -9 524.05 |
Solvency | |||||
Equity ratio | 20.3 % | 40.2 % | 42.0 % | 92.7 % | -44.4 % |
Gearing | 278.3 % | 96.1 % | 129.4 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.0 | 1.1 | 12.4 | 0.6 |
Current ratio | 1.2 | 1.6 | 1.6 | 12.4 | 0.6 |
Cash and cash equivalents | 8 862.13 | 4 829.21 | 3 971.32 | 20.56 | 4.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | B |
Variable visualization
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