GN Financing A/S — Credit Rating and Financial Key Figures

CVR number: 41611448
Lautrupbjerg 7, 2750 Ballerup

Company information

Official name
GN Financing A/S
Established
2020
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit5 978.0068 354.00109 467.00142 877.00
EBIT5 945.0068 318.00109 413.00142 830.00
Net earnings5 186.0052 687.0044 186.0061 762.00
Shareholders equity total5 586.0058 273.00102 459.00164 221.00
Balance sheet total (assets)1 948 828.002 425 378.002 586 060.003 326 347.00
Net debt1 941 754.002 366 037.002 483 591.002 106 684.00
Profitability
EBIT-%
ROA0.3 %3.1 %4.4 %4.8 %
ROE92.8 %165.0 %55.0 %46.3 %
ROI0.3 %3.1 %4.4 %4.8 %
Economic value added (EVA)4 636.9053 007.6982 674.09108 591.74
Solvency
Equity ratio0.3 %2.4 %4.0 %4.9 %
Gearing34761.1 %4060.3 %2424.0 %1919.7 %
Relative net indebtedness %
Liquidity
Quick ratio1 309.72 271.0258 606.0238.7
Current ratio1 309.72 271.0258 606.0238.7
Cash and cash equivalents1 045 890.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:4.83%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.94%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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