GLOBAL TUNNELLING EXPERTS (DANMARK) ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL TUNNELLING EXPERTS (DANMARK) ApS
GLOBAL TUNNELLING EXPERTS (DANMARK) ApS (CVR number: 33356005) is a company from SORØ. The company reported a net sales of 7.5 mEUR in 2024, demonstrating a growth of 22.6 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 0.4 mEUR), while net earnings were 257.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 32.5 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLOBAL TUNNELLING EXPERTS (DANMARK) ApS's liquidity measured by quick ratio was 2 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 394.01 | 5 704.58 | 5 176.93 | 6 084.15 | 7 459.71 |
Gross profit | 6 004.23 | 5 303.73 | 4 833.79 | 5 698.04 | 6 995.44 |
EBIT | 632.21 | 268.29 | 174.55 | -10.05 | 387.25 |
Net earnings | 497.60 | 203.56 | 133.32 | -59.55 | 257.84 |
Shareholders equity total | 1 032.47 | 836.02 | 769.35 | 609.80 | 667.64 |
Balance sheet total (assets) | 1 504.87 | 1 005.62 | 948.80 | 799.77 | 1 303.48 |
Net debt | - 892.42 | - 326.12 | - 135.98 | - 132.14 | - 674.94 |
Profitability | |||||
EBIT-% | 9.9 % | 4.7 % | 3.4 % | -0.2 % | 5.2 % |
ROA | 47.0 % | 21.4 % | 17.9 % | -6.5 % | 32.5 % |
ROE | 53.3 % | 21.8 % | 16.6 % | -8.6 % | 40.4 % |
ROI | 67.2 % | 28.7 % | 21.7 % | -8.2 % | 53.3 % |
Economic value added (EVA) | 477.65 | 201.39 | 109.34 | -42.72 | 282.04 |
Solvency | |||||
Equity ratio | 68.6 % | 83.1 % | 81.1 % | 76.2 % | 51.2 % |
Gearing | 0.6 % | 0.3 % | 0.5 % | ||
Relative net indebtedness % | -6.6 % | -2.7 % | 0.7 % | 0.9 % | -0.6 % |
Liquidity | |||||
Quick ratio | 3.1 | 5.9 | 5.3 | 4.1 | 2.0 |
Current ratio | 3.1 | 5.9 | 5.3 | 4.1 | 2.0 |
Cash and cash equivalents | 892.42 | 326.12 | 140.78 | 134.13 | 678.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.2 | 3.4 | 10.9 | ||
Net working capital % | 15.8 % | 14.4 % | 14.8 % | 9.7 % | 8.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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