GEV Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GEV Holding A/S
GEV Holding A/S (CVR number: 25509080) is a company from BILLUND. The company reported a net sales of 37.9 mDKK in 2024, demonstrating a growth of 20.4 % compared to the previous year. The operating profit percentage was at 13.1 % (EBIT: 5 mDKK), while net earnings were 58.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 30.9 %, 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. GEV Holding A/S's liquidity measured by quick ratio was 2.7 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 | 31 519.20 | 37 934.40 | |||
Gross profit | 18 007.14 | 31 209.64 | |||
EBIT | -4 671.54 | 4 986.23 | |||
Net earnings | 4 244.25 | 58 368.44 | |||
Shareholders equity total | 158 927.68 | 218 419.15 | |||
Balance sheet total (assets) | 271 509.67 | 299 720.11 | |||
Net debt | -8 148.62 | -95 064.99 | |||
Profitability | |||||
EBIT-% | -14.8 % | 13.1 % | |||
ROA | 3.5 % | 22.5 % | |||
ROE | 2.7 % | 30.9 % | |||
ROI | 3.9 % | 25.1 % | |||
Economic value added (EVA) | -1 541.18 | -3 264.16 | 4 622.51 | ||
Solvency | |||||
Equity ratio | 59.4 % | 74.1 % | |||
Gearing | 50.7 % | 24.8 % | |||
Relative net indebtedness % | 75.8 % | -179.2 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 2.7 | |||
Current ratio | 1.3 | 2.6 | |||
Cash and cash equivalents | 88 698.07 | 149 289.60 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 424.0 | 381.3 | |||
Net working capital % | -167.1 % | 72.2 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | AA |
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