GASA GROUP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GASA GROUP HOLDING A/S
GASA GROUP HOLDING A/S (CVR number: 30272900K) is a company from ODENSE. The company reported a net sales of 2277.3 mDKK in 2018, demonstrating a decline of -3.9 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0.1 mDKK), while net earnings were -984 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GASA GROUP HOLDING A/S's liquidity measured by quick ratio was 0.7 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 financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 2 368 801.00 | 2 277 251.00 |
Gross profit | 246 818.00 | 205 702.00 |
EBIT | 28 341.00 | - 138.00 |
Net earnings | 22 303.00 | - 984.00 |
Shareholders equity total | 183 560.00 | 156 278.00 |
Balance sheet total (assets) | 604 907.00 | 560 229.00 |
Net debt | 234 323.00 | 179 130.00 |
Profitability | ||
EBIT-% | 1.2 % | -0.0 % |
ROA | 6.7 % | 1.6 % |
ROE | 12.3 % | -0.6 % |
ROI | 9.3 % | 2.4 % |
Economic value added (EVA) | 20 983.58 | -21 902.07 |
Solvency | ||
Equity ratio | 30.3 % | 27.9 % |
Gearing | 136.6 % | 122.3 % |
Relative net indebtedness % | 17.1 % | 17.2 % |
Liquidity | ||
Quick ratio | 0.7 | 0.7 |
Current ratio | 0.8 | 0.8 |
Cash and cash equivalents | 16 388.00 | 12 044.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 35.0 | 28.9 |
Net working capital % | -4.3 % | -4.2 % |
Credit risk | ||
Credit rating | AA | A |
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