GM RETAIL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GM RETAIL ApS
GM RETAIL ApS (CVR number: 34352011) is a company from KØBENHAVN. The company recorded a gross profit of 2206.1 kDKK in 2023. The operating profit was -337.4 kDKK, while net earnings were -510.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GM RETAIL ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 331.68 | 2 521.29 | 2 207.69 | 3 028.94 | 2 206.07 |
EBIT | 1 101.18 | 560.03 | 308.52 | 526.98 | - 337.44 |
Net earnings | 843.16 | 390.19 | 86.06 | 315.87 | - 510.78 |
Shareholders equity total | - 534.89 | - 144.70 | -58.65 | 257.22 | - 253.55 |
Balance sheet total (assets) | 6 186.28 | 7 793.08 | 5 791.63 | 5 644.03 | 8 062.30 |
Net debt | 4 195.09 | 3 402.20 | 4 339.06 | 3 338.32 | 7 345.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.8 % | 7.6 % | 4.5 % | 9.4 % | -4.8 % |
ROE | 17.2 % | 5.6 % | 1.3 % | 10.4 % | -12.3 % |
ROI | 25.6 % | 9.8 % | 5.1 % | 11.3 % | -5.5 % |
Economic value added (EVA) | 994.32 | 459.79 | 426.66 | 415.51 | - 238.16 |
Solvency | |||||
Equity ratio | -8.0 % | -1.8 % | -1.0 % | 4.6 % | -3.0 % |
Gearing | -799.4 % | -4897.3 % | -8299.5 % | 1653.3 % | -3001.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.1 | 0.5 | 0.5 |
Current ratio | 0.9 | 0.9 | 0.9 | 1.0 | 1.0 |
Cash and cash equivalents | 81.07 | 3 684.31 | 528.35 | 914.45 | 265.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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