G.T. HOLDING GELSTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About G.T. HOLDING GELSTED ApS
G.T. HOLDING GELSTED ApS (CVR number: 10008662) is a company from MIDDELFART. The company recorded a gross profit of -7.6 kDKK in 2024. The operating profit was -43.6 kDKK, while net earnings were -1005.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. G.T. HOLDING GELSTED ApS's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 48.76 | -4.92 | -4.94 | -7.34 | -7.58 |
| EBIT | 12.76 | -40.92 | -40.94 | -43.34 | -43.59 |
| Net earnings | - 630.88 | 1 031.91 | -1 220.34 | - 316.99 | -1 005.59 |
| Shareholders equity total | 14 595.98 | 15 514.89 | 14 180.16 | 13 745.37 | 12 617.78 |
| Balance sheet total (assets) | 16 550.49 | 17 256.38 | 15 886.88 | 15 478.55 | 14 350.89 |
| Net debt | -3 854.31 | -3 785.77 | -3 589.95 | -4 266.43 | -4 262.04 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.5 % | 6.9 % | -5.8 % | -1.4 % | -6.0 % |
| ROE | -4.2 % | 6.9 % | -8.2 % | -2.3 % | -7.6 % |
| ROI | -2.5 % | 7.0 % | -5.8 % | -1.4 % | -6.0 % |
| Economic value added (EVA) | - 851.98 | - 863.55 | - 907.66 | - 837.11 | - 818.31 |
| Solvency | |||||
| Equity ratio | 88.2 % | 89.9 % | 89.3 % | 88.8 % | 87.9 % |
| Gearing | 12.2 % | 11.2 % | 12.0 % | 12.2 % | 13.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.5 | 4.9 | 4.3 | 4.1 | 4.0 |
| Current ratio | 4.5 | 4.9 | 4.3 | 4.1 | 4.0 |
| Cash and cash equivalents | 5 629.01 | 5 523.26 | 5 292.68 | 5 938.39 | 5 991.16 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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