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

CVR number: 55082715
Lautrupbjerg 7, 2750 Ballerup
tel: 72111889
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Company information

Official name
GN HEARING A/S
Personnel
1349 persons
Established
1957
Company form
Limited company
Industry

About GN HEARING A/S

GN HEARING A/S (CVR number: 55082715K) is a company from BALLERUP. The company reported a net sales of 13578.4 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 11.2 % (EBIT: 1518.6 mDKK), while net earnings were 1667 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. GN HEARING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 627.383 554.534 250.6813 318.6413 578.43
Gross profit897.091 487.091 485.424 621.975 257.88
EBIT- 304.12115.82172.54449.841 518.59
Net earnings-90.86110.61542.73967.341 666.98
Shareholders equity total3 656.713 883.038 164.2514 802.7616 468.43
Balance sheet total (assets)5 382.185 105.165 711.1920 556.0822 659.20
Net debt990.13727.461 485.351 089.22-1 517.71
Profitability
EBIT-%-11.6 %3.3 %4.1 %3.4 %11.2 %
ROA-1.3 %2.9 %11.1 %12.4 %11.6 %
ROE-2.2 %2.9 %9.0 %8.4 %10.7 %
ROI-1.5 %3.3 %12.3 %14.8 %14.0 %
Economic value added (EVA)- 481.52- 116.36-65.84- 108.88447.96
Solvency
Equity ratio67.9 %76.1 %78.7 %72.0 %72.7 %
Gearing28.3 %18.8 %19.1 %8.2 %7.7 %
Relative net indebtedness %64.0 %34.4 %50.3 %42.3 %25.1 %
Liquidity
Quick ratio0.40.70.50.91.3
Current ratio0.61.00.71.51.8
Cash and cash equivalents44.610.8476.73123.912 779.70
Capital use efficiency
Trade debtors turnover (days)19.621.627.928.812.1
Net working capital %-23.9 %-0.4 %-15.2 %14.1 %24.5 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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