GULDBORGSUND VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GULDBORGSUND VAND A/S
GULDBORGSUND VAND A/S (CVR number: 32559980) is a company from GULDBORGSUND. The company reported a net sales of 18.5 mDKK in 2023, demonstrating a growth of 5.8 % compared to the previous year. The operating profit percentage was at 22.7 % (EBIT: 4.2 mDKK), while net earnings were 2506 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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 VAND A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 541.00 | 17 907.00 | 18 650.00 | 17 437.50 | 18 450.81 |
Gross profit | 16 541.00 | 17 907.00 | 18 650.00 | 12 643.70 | 13 661.50 |
EBIT | 1 336.00 | 2 370.00 | 2 942.00 | 1 643.58 | 4 197.33 |
Net earnings | - 611.00 | 498.00 | 1 117.00 | -65.32 | 2 505.96 |
Shareholders equity total | 185 010.00 | 185 509.00 | 186 625.00 | 186 559.99 | 189 065.95 |
Balance sheet total (assets) | 243 316.00 | 242 178.00 | 240 829.00 | 239 805.81 | 241 612.23 |
Net debt | 25 658.74 | 20 386.46 | |||
Profitability | |||||
EBIT-% | 8.1 % | 13.2 % | 15.8 % | 9.4 % | 22.7 % |
ROA | 0.5 % | 1.0 % | 1.2 % | 0.7 % | 2.0 % |
ROE | -0.3 % | 0.3 % | 0.6 % | -0.0 % | 1.3 % |
ROI | 0.6 % | 1.0 % | 1.2 % | 0.7 % | 2.0 % |
Economic value added (EVA) | -5 939.15 | -6 926.75 | -6 379.83 | -8 095.90 | -3 288.12 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.8 % | 78.3 % |
Gearing | 22.4 % | 21.2 % | |||
Relative net indebtedness % | 207.2 % | 169.8 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | |||
Current ratio | 1.4 | 1.5 | |||
Cash and cash equivalents | 16 221.78 | 19 625.59 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.5 | 4.5 | |||
Net working capital % | 32.3 % | 38.6 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | AAA | AAA |
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