GUNGE BUSINESS ApS — Credit Rating and Financial Key Figures

CVR number: 32886272
Niels Skrivers Vej 5 B, 2830 Virum
eske@gunge.biz
tel: 30635359
gunge.biz

Company information

Official name
GUNGE BUSINESS ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About GUNGE BUSINESS ApS

GUNGE BUSINESS ApS (CVR number: 32886272) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -233.1 kDKK in 2023. The operating profit was -888.9 kDKK, while net earnings were 2515.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GUNGE BUSINESS ApS's liquidity measured by quick ratio was 15 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 profit-2.52- 500.94- 259.00- 309.57- 233.12
EBIT-9.38- 507.79- 261.28- 524.51- 888.87
Net earnings- 113.9559 815.33-21 890.06-8 588.412 515.52
Shareholders equity total1 430.2361 191.5530 147.4921 501.8822 317.40
Balance sheet total (assets)1 499.2967 332.6530 656.5322 770.4023 614.53
Net debt- 433.41-58 237.82-29 658.70-15 188.59-16 340.61
Profitability
EBIT-%
ROA-0.4 %189.1 %-0.7 %-0.3 %11.7 %
ROE-7.6 %191.0 %-47.9 %-33.3 %11.5 %
ROI-0.4 %207.7 %-0.8 %-0.3 %12.4 %
Economic value added (EVA)-16.04- 466.03- 403.28- 546.06-1 201.03
Solvency
Equity ratio95.4 %90.9 %98.3 %94.4 %94.5 %
Gearing3.3 %0.0 %0.2 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio7.010.958.413.815.0
Current ratio7.010.958.413.915.1
Cash and cash equivalents479.9858 245.7029 718.6415 255.7216 407.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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