ITW GSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 304.60 | 374.52 | 410.97 | 506.02 | 678.34 |
Gross profit | 92.16 | 118.07 | 112.50 | 145.71 | 250.17 |
EBIT | 41.97 | 67.02 | 53.30 | 78.09 | 171.77 |
Net earnings | 32.33 | 52.97 | 40.38 | 61.40 | 133.53 |
Shareholders equity total | 138.79 | 156.76 | 152.14 | 193.54 | 272.07 |
Balance sheet total (assets) | 171.92 | 201.65 | 192.54 | 250.87 | 376.12 |
Net debt | 0.22 | 3.47 | 2.14 | 5.39 | 29.92 |
Profitability | |||||
EBIT-% | 13.8 % | 17.9 % | 13.0 % | 15.4 % | 25.3 % |
ROA | 23.3 % | 36.0 % | 27.1 % | 36.0 % | 55.5 % |
ROE | 22.3 % | 35.8 % | 26.1 % | 35.5 % | 57.4 % |
ROI | 28.3 % | 44.6 % | 33.7 % | 44.3 % | 67.5 % |
Economic value added (EVA) | 25.62 | 46.26 | 33.13 | 53.35 | 123.10 |
Solvency | |||||
Equity ratio | 80.7 % | 78.4 % | 81.7 % | 78.7 % | 76.9 % |
Gearing | 0.2 % | 2.2 % | 1.4 % | 2.8 % | 11.0 % |
Relative net indebtedness % | 10.6 % | 11.7 % | 9.5 % | 10.3 % | 14.0 % |
Liquidity | |||||
Quick ratio | 4.0 | 3.8 | 4.2 | 3.2 | 3.8 |
Current ratio | 5.2 | 4.5 | 4.8 | 4.7 | 3.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 100.1 | 80.0 | 91.7 | 57.4 | 41.0 |
Net working capital % | 44.4 % | 40.7 % | 36.4 % | 38.1 % | 39.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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