G & O FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About G & O FINANS A/S
G & O FINANS A/S (CVR number: 19064093) is a company from HØRSHOLM. The company recorded a gross profit of -1051.3 kDKK in 2023. The operating profit was -1511.7 kDKK, while net earnings were 1106.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. G & O FINANS A/S's liquidity measured by quick ratio was 42.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 992.44 | 586.46 | -43.02 | - 700.41 | -1 051.28 |
EBIT | - 668.44 | -1 107.12 | 3 295.48 | -1 301.47 | -1 511.71 |
Net earnings | 8 478.94 | 8 014.25 | 81 756.51 | 2 474.03 | 1 106.69 |
Shareholders equity total | 59 632.50 | 59 266.76 | 133 129.89 | 119 203.92 | 120 310.62 |
Balance sheet total (assets) | 72 418.73 | 74 963.30 | 134 161.52 | 130 630.56 | 121 049.65 |
Net debt | -6 369.42 | 5 169.44 | -36 826.55 | -31 820.88 | -11 587.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.3 % | 11.9 % | 84.8 % | 3.1 % | 1.5 % |
ROE | 14.8 % | 13.5 % | 85.0 % | 2.0 % | 0.9 % |
ROI | 12.6 % | 12.2 % | 85.7 % | 3.1 % | 1.5 % |
Economic value added (EVA) | -1 552.23 | -1 725.08 | 2 227.27 | -2 657.62 | -4 905.49 |
Solvency | |||||
Equity ratio | 82.4 % | 79.1 % | 99.2 % | 91.3 % | 99.4 % |
Gearing | 18.4 % | 22.9 % | 0.7 % | 9.5 % | 0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.1 | 1.7 | 40.5 | 3.9 | 42.6 |
Current ratio | 5.0 | 1.7 | 40.5 | 3.9 | 42.6 |
Cash and cash equivalents | 17 325.23 | 8 428.63 | 37 698.30 | 43 140.39 | 12 070.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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