GM 2024 ApS — Credit Rating and Financial Key Figures

CVR number: 40716408
Aabenraavej 59, 8600 Silkeborg

Company information

Official name
GM 2024 ApS
Established
2019
Company form
Private limited company
Industry

About GM 2024 ApS

GM 2024 ApS (CVR number: 40716408) is a company from SILKEBORG. The company recorded a gross profit of 700.9 kDKK in 2024. The operating profit was 700.9 kDKK, while net earnings were 511.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 143.7 %, which can be considered excellent and Return on Equity (ROE) was 269.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. GM 2024 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-44.78- 368.181.79- 153.35700.95
EBIT-44.78- 368.181.79- 153.35700.95
Net earnings-36.78- 292.06-27.58- 154.35511.90
Shareholders equity total3.72- 288.34- 315.92- 470.2741.63
Balance sheet total (assets)159.5099.83578.51338.50166.64
Net debt- 104.5072.59- 483.414.85-63.68
Profitability
EBIT-%
ROA-28.1 %-134.5 %0.3 %-18.0 %143.7 %
ROE-989.3 %-564.1 %-8.1 %-33.7 %269.3 %
ROI-1204.5 %-965.0 %2.8 %-232.3 %1171.8 %
Economic value added (EVA)-36.78- 288.4312.21- 106.77564.47
Solvency
Equity ratio15.3 %-167.8 %-55.2 %-80.7 %25.0 %
Gearing-25.2 %-17.1 %-16.6 %
Relative net indebtedness %
Liquidity
Quick ratio7.80.63.41.51.3
Current ratio1.00.31.20.81.3
Cash and cash equivalents104.50537.4173.1563.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:143.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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