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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 -476.9 kDKK in 2024. The operating profit was -977.5 kDKK, while net earnings were -3305.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, 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 4.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 586.46 | -43.02 | - 700.41 | - 460.75 | - 476.86 |
| EBIT | -1 107.12 | 3 295.48 | -1 301.47 | - 921.18 | - 977.51 |
| Net earnings | 8 014.25 | 81 756.51 | 2 474.03 | 1 106.69 | -3 305.54 |
| Shareholders equity total | 59 266.76 | 133 129.89 | 119 203.92 | 120 310.62 | 100 605.07 |
| Balance sheet total (assets) | 74 963.30 | 134 161.52 | 130 630.56 | 121 049.65 | 104 046.79 |
| Net debt | 5 169.44 | -36 826.55 | -31 820.88 | -11 587.32 | - 416.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.9 % | 84.8 % | 3.1 % | 2.4 % | -0.6 % |
| ROE | 13.5 % | 85.0 % | 2.0 % | 0.9 % | -3.0 % |
| ROI | 12.2 % | 85.7 % | 3.1 % | 1.5 % | -1.2 % |
| Economic value added (EVA) | -4 495.58 | -1 028.71 | -7 666.77 | -7 340.42 | -6 999.21 |
| Solvency | |||||
| Equity ratio | 79.1 % | 99.2 % | 91.3 % | 99.4 % | 96.7 % |
| Gearing | 22.9 % | 0.7 % | 9.5 % | 0.4 % | 3.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 40.5 | 3.9 | 42.6 | 4.6 |
| Current ratio | 1.7 | 40.5 | 3.9 | 42.6 | 4.6 |
| Cash and cash equivalents | 8 428.63 | 37 698.30 | 43 140.39 | 12 070.25 | 3 537.35 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | AA | AA | AA |
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