GN HEARING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 627.38 | 3 554.53 | 4 250.68 | 13 318.64 | 13 578.43 |
Gross profit | 897.09 | 1 487.09 | 1 485.42 | 4 621.97 | 5 257.88 |
EBIT | - 304.12 | 115.82 | 172.54 | 449.84 | 1 518.59 |
Net earnings | -90.86 | 110.61 | 542.73 | 967.34 | 1 666.98 |
Shareholders equity total | 3 656.71 | 3 883.03 | 8 164.25 | 14 802.76 | 16 468.43 |
Balance sheet total (assets) | 5 382.18 | 5 105.16 | 5 711.19 | 20 556.08 | 22 659.20 |
Net debt | 990.13 | 727.46 | 1 485.35 | 1 089.22 | -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 | - 108.88 | 447.96 |
Solvency | |||||
Equity ratio | 67.9 % | 76.1 % | 78.7 % | 72.0 % | 72.7 % |
Gearing | 28.3 % | 18.8 % | 19.1 % | 8.2 % | 7.7 % |
Relative net indebtedness % | 64.0 % | 34.4 % | 50.3 % | 42.3 % | 25.1 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.5 | 0.9 | 1.3 |
Current ratio | 0.6 | 1.0 | 0.7 | 1.5 | 1.8 |
Cash and cash equivalents | 44.61 | 0.84 | 76.73 | 123.91 | 2 779.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.6 | 21.6 | 27.9 | 28.8 | 12.1 |
Net working capital % | -23.9 % | -0.4 % | -15.2 % | 14.1 % | 24.5 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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