GW Finance ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GW Finance ApS
GW Finance ApS (CVR number: 38163434) is a company from KOLDING. The company recorded a gross profit of -46.8 kDKK in 2021. The operating profit was -46.8 kDKK, while net earnings were -443.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -33.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. GW Finance ApS's liquidity measured by quick ratio was 3.5 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 513.91 | -19.53 | -34.75 | - 106.22 | -46.80 |
| EBIT | - 513.91 | -19.53 | -34.75 | - 106.22 | -46.80 |
| Net earnings | -1 500.74 | - 431.84 | - 450.74 | 24 609.50 | - 443.79 |
| Shareholders equity total | 24 810.64 | 24 378.79 | 23 928.05 | 1 537.55 | 1 093.76 |
| Balance sheet total (assets) | 40 065.26 | 40 065.18 | 40 063.84 | 1 621.05 | 1 535.03 |
| Net debt | 15 174.36 | 15 606.21 | 16 046.95 | -1 621.05 | -1 535.03 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.3 % | -0.0 % | -0.1 % | 119.7 % | -27.4 % |
| ROE | -6.0 % | -1.8 % | -1.9 % | 193.3 % | -33.7 % |
| ROI | -1.3 % | -0.0 % | -0.1 % | 120.1 % | -32.8 % |
| Economic value added (EVA) | - 513.91 | 1 303.12 | 1 288.03 | 2 021.73 | -42.60 |
| Solvency | |||||
| Equity ratio | 61.9 % | 60.8 % | 59.7 % | 94.8 % | 71.3 % |
| Gearing | 61.4 % | 64.3 % | 67.3 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.6 | 0.0 | 19.4 | 3.5 |
| Current ratio | 0.6 | 0.6 | 0.0 | 19.4 | 3.5 |
| Cash and cash equivalents | 65.26 | 65.19 | 63.84 | 1 621.05 | 1 535.03 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | C | B |
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