Go Fleet 18 ApS — Credit Rating and Financial Key Figures

CVR number: 40498524
Spergelvangen 44, 8920 Randers NV

Company information

Official name
Go Fleet 18 ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Go Fleet 18 ApS

Go Fleet 18 ApS (CVR number: 40498524) is a company from RANDERS. The company recorded a gross profit of 546.4 kDKK in 2024. The operating profit was -64.1 kDKK, while net earnings were -50.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -50.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Go Fleet 18 ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit332.22784.98814.15729.55546.43
EBIT78.3169.11-73.4263.71-64.06
Net earnings56.8047.94-62.5343.26-50.49
Shareholders equity total96.80144.7582.21125.4774.99
Balance sheet total (assets)429.81406.63269.37213.00467.63
Net debt101.43-6.6765.69-11.74348.48
Profitability
EBIT-%
ROA18.2 %16.5 %-21.7 %26.4 %-18.8 %
ROE58.7 %39.7 %-55.1 %41.7 %-50.4 %
ROI24.0 %21.6 %-30.1 %41.5 %-22.7 %
Economic value added (EVA)60.7137.52-73.0040.88-52.09
Solvency
Equity ratio22.5 %35.6 %30.5 %58.9 %16.0 %
Gearing226.0 %108.4 %113.2 %476.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.20.50.60.6
Current ratio1.01.20.50.60.6
Cash and cash equivalents117.29163.6227.4011.748.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-18.8%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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