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 2495 kDKK in 2023. The operating profit was 135 kDKK, while net earnings were 1344 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. GE POWER DENMARK ApS's liquidity measured by quick ratio was 3.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 215.006 928.004 209.0023 897.002 495.00
EBIT5 253.004 399.00448.0021 316.00135.00
Net earnings5 347.004 129.00502.0016 584.001 344.00
Shareholders equity total25 933.0030 062.0030 563.0047 147.0048 491.00
Balance sheet total (assets)62 451.0063 222.0052 930.0066 966.0069 196.00
Net debt24 222.0011 019.0013 185.005 505.0013 363.00
Profitability
EBIT-%
ROA8.6 %7.2 %0.9 %36.0 %3.0 %
ROE23.0 %14.7 %1.7 %42.7 %2.8 %
ROI9.9 %9.2 %1.1 %43.1 %3.5 %
Economic value added (EVA)4 218.553 095.92-1 062.6215 578.10-2 265.93
Solvency
Equity ratio41.5 %49.8 %58.1 %72.0 %72.5 %
Gearing93.4 %36.7 %43.1 %11.7 %27.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.32.84.43.9
Current ratio1.92.12.84.03.5
Cash and cash equivalents1.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.97%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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