GE POWER DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 73484510
Ringager 4 A, 2605 Brøndby
alex.bollhorn@ge.com
tel: 46900100

Credit rating

Company information

Official name
GE POWER DENMARK ApS
Personnel
2 persons
Established
1984
Company form
Private limited company
Industry

About GE POWER DENMARK ApS

GE POWER DENMARK ApS (CVR number: 73484510) is a company from BRØNDBY. The company recorded a gross profit of 14.7 mDKK in 2024. The operating profit was 12.1 mDKK, while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GE POWER DENMARK ApS's liquidity measured by quick ratio was 5.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 928.004 209.0023 897.002 495.0014 747.00
EBIT4 399.00448.0021 316.00135.0012 142.00
Net earnings4 129.00502.0016 584.001 344.0010 979.00
Shareholders equity total30 062.0030 563.0047 147.0048 491.0059 470.00
Balance sheet total (assets)63 222.0052 930.0066 966.0069 196.0072 609.00
Net debt11 019.0013 185.005 505.0013 363.005 409.00
Profitability
EBIT-%
ROA7.2 %0.9 %36.0 %3.0 %19.9 %
ROE14.7 %1.7 %42.7 %2.8 %20.3 %
ROI9.2 %1.1 %43.1 %3.5 %22.0 %
Economic value added (EVA)1 686.61-1 764.5114 758.62-2 576.426 351.42
Solvency
Equity ratio49.8 %58.1 %72.0 %72.5 %81.9 %
Gearing36.7 %43.1 %11.7 %27.6 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.84.43.95.8
Current ratio2.12.84.03.55.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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