GORLUBB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GORLUBB ApS
GORLUBB ApS (CVR number: 31251508) is a company from KØBENHAVN. The company recorded a gross profit of 1040.2 kDKK in 2023. The operating profit was 35 kDKK, while net earnings were -37.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GORLUBB ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 404.93 | ||||
Gross profit | 549.78 | 632.55 | 1 089.49 | 1 116.39 | 1 040.22 |
EBIT | 25.82 | -59.50 | 66.88 | 5.44 | 35.02 |
Net earnings | -4.83 | 123.46 | 98.90 | -11.93 | -37.18 |
Shareholders equity total | 116.87 | 240.33 | 334.40 | 322.46 | 285.82 |
Balance sheet total (assets) | 638.02 | 662.08 | 781.15 | 843.44 | 840.38 |
Net debt | - 284.48 | - 306.02 | - 410.26 | - 354.45 | - 289.02 |
Profitability | |||||
EBIT-% | 1.8 % | ||||
ROA | 4.4 % | 26.3 % | 19.3 % | 1.1 % | 4.2 % |
ROE | -4.1 % | 69.1 % | 34.4 % | -3.6 % | -12.2 % |
ROI | 21.5 % | 95.7 % | 48.3 % | 2.7 % | 11.6 % |
Economic value added (EVA) | 28.43 | -36.29 | 60.31 | 14.92 | 36.67 |
Solvency | |||||
Equity ratio | 18.3 % | 36.3 % | 42.8 % | 38.2 % | 34.0 % |
Gearing | |||||
Relative net indebtedness % | 16.8 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.1 | 0.7 | 0.6 |
Current ratio | 1.0 | 1.1 | 1.3 | 1.2 | 1.2 |
Cash and cash equivalents | 284.48 | 306.02 | 410.26 | 354.45 | 289.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -0.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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