G.O. CARGO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About G.O. CARGO ApS
G.O. CARGO ApS (CVR number: 70637219) is a company from GULDBORGSUND. The company recorded a gross profit of 1045.6 kDKK in 2019. The operating profit was 999 kDKK, while net earnings were 942.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.2 %, which can be considered excellent and Return on Equity (ROE) was 72.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. G.O. CARGO ApS's liquidity measured by quick ratio was 41.3 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -83.96 | -54.30 | -53.51 | 1 045.64 |
EBIT | - 134.34 | - 104.68 | - 103.89 | 999.03 |
Net earnings | - 171.57 | - 159.65 | - 162.03 | 942.10 |
Shareholders equity total | 1 151.77 | 992.12 | 830.08 | 1 772.19 |
Balance sheet total (assets) | 2 788.13 | 2 694.22 | 2 632.82 | 1 816.16 |
Net debt | - 270.95 | - 159.71 | -28.49 | -1 811.22 |
Profitability | ||||
EBIT-% | ||||
ROA | -4.1 % | -3.5 % | -3.6 % | 45.2 % |
ROE | -14.9 % | -14.9 % | -17.8 % | 72.4 % |
ROI | -4.2 % | -3.5 % | -3.6 % | 45.9 % |
Economic value added (EVA) | - 134.34 | - 148.94 | - 142.38 | 968.07 |
Solvency | ||||
Equity ratio | 41.6 % | 37.1 % | 31.5 % | 97.6 % |
Gearing | 6.7 % | 22.3 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 16.3 | 2.9 | 1.1 | 41.3 |
Current ratio | 7.9 | 2.4 | 1.1 | 41.3 |
Cash and cash equivalents | 270.95 | 226.29 | 213.87 | 1 811.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | B |
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