GOOD GROUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GOOD GROUP HOLDING ApS
GOOD GROUP HOLDING ApS (CVR number: 31474280) is a company from TØNDER. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 1.7 mDKK), while net earnings were 1529.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. GOOD GROUP HOLDING ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 126.36 | 996.98 | 1 447.85 | 1 533.22 | 1 663.54 |
Gross profit | 1 123.68 | 996.98 | 1 438.97 | 1 528.41 | 1 661.94 |
EBIT | 1 123.68 | 996.98 | 1 438.97 | 1 528.41 | 1 661.94 |
Net earnings | 1 024.15 | 896.57 | 1 298.16 | 1 441.51 | 1 529.57 |
Shareholders equity total | 2 621.18 | 3 317.74 | 4 415.90 | 5 657.41 | 6 986.98 |
Balance sheet total (assets) | 8 740.76 | 8 771.84 | 7 382.41 | 8 087.24 | 9 432.22 |
Net debt | 5 877.63 | 5 140.81 | 2 647.30 | 2 147.86 | 2 150.76 |
Profitability | |||||
EBIT-% | 99.8 % | 100.0 % | 99.4 % | 99.7 % | 99.9 % |
ROA | 15.0 % | 12.2 % | 18.0 % | 20.6 % | 20.6 % |
ROE | 46.4 % | 30.2 % | 33.6 % | 28.6 % | 24.2 % |
ROI | 15.4 % | 12.6 % | 18.8 % | 21.4 % | 21.3 % |
Economic value added (EVA) | 1 241.38 | 1 078.03 | 1 473.32 | 1 365.71 | 1 429.88 |
Solvency | |||||
Equity ratio | 30.0 % | 37.8 % | 59.8 % | 70.0 % | 74.1 % |
Gearing | 225.6 % | 155.0 % | 60.0 % | 38.1 % | 30.9 % |
Relative net indebtedness % | 540.2 % | 546.8 % | 204.8 % | 157.9 % | 146.4 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 2.4 | 3.0 | 3.5 |
Current ratio | 0.8 | 1.2 | 2.4 | 3.0 | 3.5 |
Cash and cash equivalents | 34.95 | 2.25 | 1.42 | 8.45 | 10.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -73.8 % | 78.2 % | 257.2 % | 313.9 % | 360.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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