ITW GSE ApS — Credit Rating and Financial Key Figures

CVR number: 74218814
Smedebakken 31-33, Søhus 5270 Odense N
tel: 63186000

Credit rating

Company information

Official name
ITW GSE ApS
Personnel
95 persons
Established
1984
Domicile
Søhus
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About ITW GSE ApS

ITW GSE ApS (CVR number: 74218814) is a company from ODENSE. The company reported a net sales of 678.3 mDKK in 2024, demonstrating a growth of 34.1 % compared to the previous year. The operating profit percentage was at 25.3 % (EBIT: 171.8 mDKK), while net earnings were 133.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 55.5 %, which can be considered excellent and Return on Equity (ROE) was 57.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. ITW GSE ApS's liquidity measured by quick ratio was 3.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales304.60374.52410.97506.02678.34
Gross profit92.16118.07112.50145.71250.17
EBIT41.9767.0253.3078.09171.77
Net earnings32.3352.9740.3861.40133.53
Shareholders equity total138.79156.76152.14193.54272.07
Balance sheet total (assets)171.92201.65192.54250.87376.12
Net debt0.223.472.145.3929.92
Profitability
EBIT-%13.8 %17.9 %13.0 %15.4 %25.3 %
ROA23.3 %36.0 %27.1 %36.0 %55.5 %
ROE22.3 %35.8 %26.1 %35.5 %57.4 %
ROI28.3 %44.6 %33.7 %44.3 %67.5 %
Economic value added (EVA)25.6246.2633.1353.35123.10
Solvency
Equity ratio80.7 %78.4 %81.7 %78.7 %76.9 %
Gearing0.2 %2.2 %1.4 %2.8 %11.0 %
Relative net indebtedness %10.6 %11.7 %9.5 %10.3 %14.0 %
Liquidity
Quick ratio4.03.84.23.23.8
Current ratio5.24.54.84.73.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)100.180.091.757.441.0
Net working capital %44.4 %40.7 %36.4 %38.1 %39.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:55.5%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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