GT HOLDING, KOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GT HOLDING, KOLDING A/S
GT HOLDING, KOLDING A/S (CVR number: 30176995) is a company from KOLDING. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -29.6 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.2 mDKK), while net earnings were 1357 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GT HOLDING, KOLDING A/S's liquidity measured by quick ratio was 356.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 311.00 | 3 060.00 | 4 052.00 | 1 698.00 | 1 196.22 |
Gross profit | 3 301.00 | 3 052.00 | 4 043.00 | 1 688.00 | 1 186.03 |
EBIT | 3 301.00 | 3 052.00 | 4 043.00 | 1 688.00 | 1 186.03 |
Net earnings | 3 285.00 | 3 066.00 | 4 017.00 | 1 731.00 | 1 357.04 |
Shareholders equity total | 20 164.00 | 23 049.00 | 28 324.00 | 29 863.00 | 31 023.74 |
Balance sheet total (assets) | 21 322.00 | 23 614.00 | 29 498.00 | 30 203.00 | 31 034.74 |
Net debt | 380.00 | 694.00 | |||
Profitability | |||||
EBIT-% | 99.7 % | 99.7 % | 99.8 % | 99.4 % | 99.1 % |
ROA | 17.0 % | 13.9 % | 15.2 % | 5.9 % | 4.6 % |
ROE | 17.8 % | 14.2 % | 15.6 % | 5.9 % | 4.5 % |
ROI | 17.6 % | 14.3 % | 15.6 % | 6.0 % | 4.7 % |
Economic value added (EVA) | 3 699.34 | 3 483.21 | 4 623.50 | 2 334.49 | 1 697.61 |
Solvency | |||||
Equity ratio | 94.6 % | 97.6 % | 96.0 % | 98.9 % | 100.0 % |
Gearing | 1.9 % | 2.5 % | |||
Relative net indebtedness % | 35.0 % | 18.5 % | 29.0 % | 20.0 % | 0.9 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.6 | 1.1 | 12.6 | 356.7 |
Current ratio | 0.9 | 1.6 | 1.1 | 12.6 | 356.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3.2 % | 10.5 % | 2.7 % | 232.6 % | 327.1 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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