GITZ Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GITZ Group ApS
GITZ Group ApS (CVR number: 36555084) is a company from ROSKILDE. The company recorded a gross profit of -56.9 kDKK in 2023. The operating profit was -64.5 kDKK, while net earnings were -36.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. GITZ Group ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -34.95 | 121.70 | 257.82 | -58.81 | -56.87 |
EBIT | - 141.17 | 104.95 | 240.97 | -75.58 | -64.47 |
Net earnings | - 144.44 | 101.52 | 198.54 | -83.72 | -36.32 |
Shareholders equity total | 7.65 | 109.16 | 307.70 | 223.98 | 187.66 |
Balance sheet total (assets) | 559.17 | 562.80 | 898.91 | 750.32 | 906.43 |
Net debt | -6.99 | - 194.60 | - 432.34 | - 263.08 | - 303.19 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.7 % | 18.7 % | 33.0 % | -9.2 % | -7.8 % |
ROE | -180.9 % | 173.8 % | 95.3 % | -31.5 % | -17.6 % |
ROI | -39.1 % | 37.0 % | 61.5 % | -17.5 % | -15.5 % |
Economic value added (EVA) | - 117.31 | 117.27 | 214.41 | -64.76 | -35.18 |
Solvency | |||||
Equity ratio | 1.4 % | 19.4 % | 34.2 % | 29.9 % | 20.7 % |
Gearing | 3214.2 % | 187.2 % | 52.7 % | 76.7 % | 133.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.0 | 1.4 | 1.2 | 1.1 |
Current ratio | 1.0 | 1.2 | 1.5 | 1.4 | 1.3 |
Cash and cash equivalents | 252.78 | 399.00 | 594.45 | 434.80 | 554.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | BB |
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