GOOD GROUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31474280
Østergade 56, 6270 Tønder

Company information

Official name
GOOD GROUP HOLDING ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 126.36996.981 447.851 533.221 663.54
Gross profit1 123.68996.981 438.971 528.411 661.94
EBIT1 123.68996.981 438.971 528.411 661.94
Net earnings1 024.15896.571 298.161 441.511 529.57
Shareholders equity total2 621.183 317.744 415.905 657.416 986.98
Balance sheet total (assets)8 740.768 771.847 382.418 087.249 432.22
Net debt5 877.635 140.812 647.302 147.862 150.76
Profitability
EBIT-%99.8 %100.0 %99.4 %99.7 %99.9 %
ROA15.0 %12.2 %18.0 %20.6 %20.6 %
ROE46.4 %30.2 %33.6 %28.6 %24.2 %
ROI15.4 %12.6 %18.8 %21.4 %21.3 %
Economic value added (EVA)1 241.381 078.031 473.321 365.711 429.88
Solvency
Equity ratio30.0 %37.8 %59.8 %70.0 %74.1 %
Gearing225.6 %155.0 %60.0 %38.1 %30.9 %
Relative net indebtedness %540.2 %546.8 %204.8 %157.9 %146.4 %
Liquidity
Quick ratio0.81.22.43.03.5
Current ratio0.81.22.43.03.5
Cash and cash equivalents34.952.251.428.4510.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-73.8 %78.2 %257.2 %313.9 %360.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.6%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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