GFK DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GFK DANMARK A/S
GFK DANMARK A/S (CVR number: 13639582) is a company from KØBENHAVN. The company reported a net sales of 90.7 mDKK in 2023, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 16 % (EBIT: 14.5 mDKK), while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 54.5 %, which can be considered excellent and Return on Equity (ROE) was 93.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GFK DANMARK A/S's liquidity measured by quick ratio was 3.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 87.99 | 87.41 | 90.73 | ||
Gross profit | 22.73 | 49.75 | 49.61 | 45.48 | 48.18 |
EBIT | -1.81 | 10.13 | 15.76 | 8.94 | 14.53 |
Net earnings | -1.51 | 6.35 | 11.93 | 6.30 | 11.20 |
Shareholders equity total | -1.46 | 4.89 | 14.44 | 9.50 | 14.40 |
Balance sheet total (assets) | 17.71 | 44.74 | 37.56 | 28.98 | 25.07 |
Net debt | 3.04 | 13.42 | -9.94 | -8.44 | -15.38 |
Profitability | |||||
EBIT-% | 17.9 % | 10.2 % | 16.0 % | ||
ROA | -10.7 % | 35.1 % | 39.0 % | 27.1 % | 54.5 % |
ROE | -17.0 % | 56.2 % | 123.4 % | 52.6 % | 93.7 % |
ROI | -59.2 % | 67.6 % | 64.4 % | 49.3 % | 92.5 % |
Economic value added (EVA) | -1.26 | 8.12 | 12.55 | 7.10 | 11.56 |
Solvency | |||||
Equity ratio | -7.6 % | 10.9 % | 38.5 % | 32.8 % | 57.4 % |
Gearing | -344.9 % | 475.9 % | 49.9 % | 56.7 % | 17.7 % |
Relative net indebtedness % | 6.8 % | 6.5 % | -8.0 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 1.2 | 1.8 | 1.7 | 3.2 |
Current ratio | 0.9 | 1.2 | 1.8 | 1.7 | 3.2 |
Cash and cash equivalents | 1.99 | 9.85 | 17.14 | 13.83 | 17.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.2 | 11.3 | 3.8 | ||
Net working capital % | 18.0 % | 12.8 % | 17.9 % | ||
Credit risk | |||||
Credit rating | BB | A | A | A | A |
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