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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 6 mEUR in 2025, demonstrating a decline of -19.2 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 0.2 mEUR), while net earnings were 151.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73 %, 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. GLOBAL TUNNELLING EXPERTS (DANMARK) ApS's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 5 704.58 | 5 176.93 | 6 084.15 | 7 459.71 | 6 026.04 |
| Gross profit | 5 303.73 | 4 833.79 | 5 698.04 | 6 995.44 | 5 635.12 |
| EBIT | 268.29 | 174.55 | -10.05 | 387.25 | 237.39 |
| Net earnings | 203.56 | 133.32 | -59.55 | 257.84 | 151.25 |
| Shareholders equity total | 836.02 | 769.35 | 609.80 | 667.64 | 568.88 |
| Balance sheet total (assets) | 1 005.62 | 948.80 | 799.77 | 1 303.48 | 779.34 |
| Net debt | - 326.12 | - 135.98 | - 132.14 | - 674.94 | - 197.02 |
| Profitability | |||||
| EBIT-% | 4.7 % | 3.4 % | -0.2 % | 5.2 % | 3.9 % |
| ROA | 21.4 % | 17.9 % | -6.5 % | 32.5 % | 20.4 % |
| ROE | 21.8 % | 16.6 % | -8.6 % | 40.4 % | 24.5 % |
| ROI | 28.7 % | 21.7 % | -8.2 % | 53.3 % | 34.3 % |
| Economic value added (EVA) | 156.51 | 92.95 | -50.03 | 274.47 | 143.51 |
| Solvency | |||||
| Equity ratio | 83.1 % | 81.1 % | 76.2 % | 51.2 % | 73.0 % |
| Gearing | 0.6 % | 0.3 % | 0.5 % | ||
| Relative net indebtedness % | -2.7 % | 0.7 % | 0.9 % | -0.6 % | 0.2 % |
| Liquidity | |||||
| Quick ratio | 5.9 | 5.3 | 4.1 | 2.0 | 3.6 |
| Current ratio | 5.9 | 5.3 | 4.1 | 2.0 | 3.6 |
| Cash and cash equivalents | 326.12 | 140.78 | 134.13 | 678.16 | 197.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 3.4 | 10.9 | |||
| Net working capital % | 14.4 % | 14.8 % | 9.7 % | 8.8 % | 9.1 % |
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BB |
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