GIAS Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GIAS Holding ApS
GIAS Holding ApS (CVR number: 40251030K) is a company from AARHUS. The company reported a net sales of 935.3 mDKK in 2024, demonstrating a decline of -2.1 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 32.9 mDKK), while net earnings were 19 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. GIAS Holding ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.71 | 0.90 | 0.95 | 955.68 | 935.34 |
Gross profit | 364.85 | 408.04 | 422.55 | 480.19 | 440.23 |
EBIT | 0.07 | 0.08 | 0.06 | 62.55 | 32.94 |
Net earnings | 0.08 | 0.07 | 0.05 | 67.65 | 19.01 |
Shareholders equity total | 0.54 | 0.60 | 0.62 | 654.48 | 635.48 |
Balance sheet total (assets) | 0.77 | 0.92 | 0.93 | 946.42 | 948.53 |
Net debt | - 188.03 | - 108.86 | - 114.49 | - 189.70 | - 111.66 |
Profitability | |||||
EBIT-% | 9.7 % | 8.4 % | 6.1 % | 6.5 % | 3.5 % |
ROA | 7.9 % | 1761.6 % | 503.9 % | 18.1 % | 6.3 % |
ROE | 0.0 % | -0.1 % | -0.1 % | 27.9 % | 3.4 % |
ROI | 13.5 % | -8.5 % | -3.1 % | 28.8 % | 7.7 % |
Economic value added (EVA) | -28.61 | -3.43 | -5.62 | 48.84 | -16.44 |
Solvency | |||||
Equity ratio | 0.2 % | 0.2 % | 0.2 % | 70.6 % | 67.9 % |
Gearing | 10800.2 % | 17827.3 % | 19255.9 % | 16.6 % | 23.1 % |
Relative net indebtedness % | -3176.8 % | 10442.8 % | 6803.6 % | -1.5 % | 5.2 % |
Liquidity | |||||
Quick ratio | 3.0 | 2.0 | 2.0 | 2.5 | 2.0 |
Current ratio | 3.3 | 2.3 | 2.2 | 2.8 | 2.3 |
Cash and cash equivalents | 246.67 | 216.00 | 234.07 | 298.56 | 258.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 57 386.2 | 59 602.1 | 57 822.9 | 56.9 | 51.7 |
Net working capital % | 32082.1 % | 18503.6 % | 15757.4 % | 22.0 % | 12.9 % |
Credit risk | |||||
Credit rating | B | C | C | AAA | AAA |
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