GULDBORGSUND IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GULDBORGSUND IT ApS
GULDBORGSUND IT ApS (CVR number: 35052844) is a company from GULDBORGSUND. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0 mDKK), while net earnings were 3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. GULDBORGSUND IT ApS's liquidity measured by quick ratio was 2.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 361.00 | 540.50 | 469.70 | 459.65 | 438.82 |
Gross profit | 48.76 | 111.99 | 68.97 | 85.71 | 125.97 |
EBIT | 2.50 | 55.03 | 2.95 | 6.10 | 3.12 |
Net earnings | 1.42 | 55.03 | 2.95 | 6.10 | 3.12 |
Shareholders equity total | 118.90 | 92.09 | 95.05 | 87.53 | 90.27 |
Balance sheet total (assets) | 175.90 | 184.15 | 214.97 | 123.62 | 132.06 |
Net debt | -74.10 | -69.45 | - 105.17 | -14.82 | -2.26 |
Profitability | |||||
EBIT-% | 0.7 % | 10.2 % | 0.6 % | 1.3 % | 0.7 % |
ROA | 1.2 % | 30.6 % | 1.5 % | 3.6 % | 2.4 % |
ROE | 1.2 % | 52.2 % | 3.2 % | 6.7 % | 3.5 % |
ROI | 2.1 % | 52.2 % | 3.2 % | 6.7 % | 3.5 % |
Economic value added (EVA) | 4.47 | 54.73 | 2.42 | 7.37 | -0.16 |
Solvency | |||||
Equity ratio | 67.6 % | 50.0 % | 44.2 % | 70.8 % | 68.4 % |
Gearing | |||||
Relative net indebtedness % | -4.7 % | 4.2 % | 3.1 % | 4.6 % | 9.0 % |
Liquidity | |||||
Quick ratio | 2.9 | 1.7 | 1.6 | 2.9 | 2.2 |
Current ratio | 3.1 | 2.0 | 1.8 | 3.4 | 3.2 |
Cash and cash equivalents | 74.10 | 69.45 | 105.17 | 14.82 | 2.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.9 | 5.9 | 7.6 | 5.7 | 8.2 |
Net working capital % | 32.9 % | 17.0 % | 20.2 % | 19.0 % | 20.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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