GTA Market Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GTA Market Development ApS
GTA Market Development ApS (CVR number: 39186047) is a company from SLAGELSE. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -90.2 % compared to the previous year. The operating profit percentage was poor at -42.6 % (EBIT: -0 mDKK), while net earnings were -25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -26.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GTA Market Development ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 224.88 | 413.22 | 40.33 | ||
Gross profit | -38.58 | - 165.22 | 117.83 | 0.97 | |
EBIT | -99.48 | - 176.74 | -11.52 | -31.34 | -17.19 |
Net earnings | -99.48 | - 176.74 | -11.52 | -34.46 | -25.50 |
Shareholders equity total | -23.89 | 202.88 | - 147.28 | 118.85 | 75.50 |
Balance sheet total (assets) | 8.13 | 274.50 | 10.71 | 324.00 | 300.96 |
Net debt | 25.19 | 36.99 | 147.28 | -6.09 | -8.30 |
Profitability | |||||
EBIT-% | -78.6 % | -7.6 % | -42.6 % | ||
ROA | -103.3 % | -115.3 % | -5.3 % | -13.0 % | -5.5 % |
ROE | -306.1 % | -167.5 % | -10.8 % | -53.2 % | -26.2 % |
ROI | -117.9 % | -117.1 % | -5.3 % | -22.6 % | -17.7 % |
Economic value added (EVA) | -94.26 | - 174.14 | -21.17 | -23.40 | -22.86 |
Solvency | |||||
Equity ratio | -74.6 % | 73.9 % | -93.2 % | 36.7 % | 25.1 % |
Gearing | -114.9 % | 35.3 % | -107.3 % | ||
Relative net indebtedness % | 16.5 % | 48.2 % | 538.5 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.1 | 1.6 | 1.3 |
Current ratio | 0.3 | 3.8 | 0.1 | 1.6 | 1.3 |
Cash and cash equivalents | 2.25 | 34.63 | 10.71 | 6.09 | 8.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.0 | ||||
Net working capital % | 90.2 % | 28.8 % | 187.2 % | ||
Credit risk | |||||
Credit rating | B | B | BB | BB | B |
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