Go2fitness A/S — Credit Rating and Financial Key Figures

CVR number: 34704384
Østre Havnevej 11, 4300 Holbæk
info@go2fitness.dk
tel: 30818000

Company information

Official name
Go2fitness A/S
Personnel
127 persons
Established
2012
Company form
Limited company
Industry

About Go2fitness A/S

Go2fitness A/S (CVR number: 34704384) is a company from HOLBÆK. The company recorded a gross profit of 10 mDKK in 2024. The operating profit was 2287.4 kDKK, while net earnings were 1915.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Go2fitness A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 320.7410 809.686 987.109 797.8310 038.85
EBIT3 324.0985.23-1 327.462 674.182 287.39
Net earnings2 404.10-58.52-1 102.752 107.901 915.84
Shareholders equity total5 058.514 999.993 897.236 005.136 420.97
Balance sheet total (assets)10 240.1910 207.4311 223.9710 479.8810 926.63
Net debt1 740.222 520.084 210.191 981.781 641.03
Profitability
EBIT-%
ROA39.1 %2.4 %-8.2 %29.7 %27.4 %
ROE62.3 %-1.2 %-24.8 %42.6 %30.8 %
ROI54.6 %3.2 %-10.5 %37.4 %34.0 %
Economic value added (EVA)2 446.68- 163.27-1 378.361 877.421 460.42
Solvency
Equity ratio49.4 %49.0 %34.7 %57.3 %58.8 %
Gearing34.7 %50.5 %108.5 %33.4 %26.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.80.30.30.3
Current ratio2.01.90.30.40.4
Cash and cash equivalents15.466.0719.3123.8032.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:27.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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