GEV Holding A/S — Credit Rating and Financial Key Figures

CVR number: 25509080
Tårnvej 24, 7200 Grindsted
mail@gev.dk
tel: 75321166

Company information

Official name
GEV Holding A/S
Personnel
42 persons
Established
2000
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales31 519.2037 934.40
Gross profit18 007.1431 209.64
EBIT-4 671.544 986.23
Net earnings4 244.2558 368.44
Shareholders equity total158 927.68218 419.15
Balance sheet total (assets)271 509.67299 720.11
Net debt-8 148.62-95 064.99
Profitability
EBIT-%-14.8 %13.1 %
ROA3.5 %22.5 %
ROE2.7 %30.9 %
ROI3.9 %25.1 %
Economic value added (EVA)-1 541.18-3 264.164 622.51
Solvency
Equity ratio59.4 %74.1 %
Gearing50.7 %24.8 %
Relative net indebtedness %75.8 %-179.2 %
Liquidity
Quick ratio1.42.7
Current ratio1.32.6
Cash and cash equivalents88 698.07149 289.60
Capital use efficiency
Trade debtors turnover (days)424.0381.3
Net working capital %-167.1 %72.2 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:22.5%
Rating: 78/100
-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

Roles

Chairman of the board
Board member
Board member

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