GN Financing A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GN Financing A/S
GN Financing A/S (CVR number: 41611448) is a company from BALLERUP. The company recorded a gross profit of 142.9 mDKK in 2023. The operating profit was 142.8 mDKK, while net earnings were 61.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 46.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GN Financing A/S's liquidity measured by quick ratio was 238.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 5 978.00 | 68 354.00 | 109 467.00 | 142 877.00 |
EBIT | 5 945.00 | 68 318.00 | 109 413.00 | 142 830.00 |
Net earnings | 5 186.00 | 52 687.00 | 44 186.00 | 61 762.00 |
Shareholders equity total | 5 586.00 | 58 273.00 | 102 459.00 | 164 221.00 |
Balance sheet total (assets) | 1 948 828.00 | 2 425 378.00 | 2 586 060.00 | 3 326 347.00 |
Net debt | 1 941 754.00 | 2 366 037.00 | 2 483 591.00 | 2 106 684.00 |
Profitability | ||||
EBIT-% | ||||
ROA | 0.3 % | 3.1 % | 4.4 % | 4.8 % |
ROE | 92.8 % | 165.0 % | 55.0 % | 46.3 % |
ROI | 0.3 % | 3.1 % | 4.4 % | 4.8 % |
Economic value added (EVA) | 4 636.90 | 53 007.69 | 82 674.09 | 108 591.74 |
Solvency | ||||
Equity ratio | 0.3 % | 2.4 % | 4.0 % | 4.9 % |
Gearing | 34761.1 % | 4060.3 % | 2424.0 % | 1919.7 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1 309.7 | 2 271.0 | 258 606.0 | 238.7 |
Current ratio | 1 309.7 | 2 271.0 | 258 606.0 | 238.7 |
Cash and cash equivalents | 1 045 890.00 | |||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | AA |
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