Credit rating
Company information
About GOLDEN GROUP ApS
GOLDEN GROUP ApS (CVR number: 30523989) is a company from ISHØJ. The company reported a net sales of 2.1 mDKK in 2022, demonstrating a decline of -41.4 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GOLDEN GROUP ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 500.77 | 497.05 | 2 088.43 | 3 615.81 | 2 118.24 |
Gross profit | 974.58 | 371.35 | 1 001.29 | 2 362.73 | 1 363.57 |
EBIT | 329.16 | 47.30 | 274.93 | 771.48 | 26.47 |
Net earnings | 328.98 | 46.88 | 255.55 | 594.41 | 18.27 |
Shareholders equity total | -86.00 | -39.13 | 216.63 | 811.03 | 234.90 |
Balance sheet total (assets) | 415.99 | 327.08 | 1 172.97 | 2 048.66 | 938.91 |
Net debt | - 351.64 | - 326.32 | - 219.57 | - 523.82 | - 128.36 |
Profitability | |||||
EBIT-% | 21.9 % | 9.5 % | 13.2 % | 21.3 % | 1.2 % |
ROA | 50.7 % | 10.9 % | 35.7 % | 47.9 % | 1.8 % |
ROE | 82.5 % | 12.6 % | 94.0 % | 115.7 % | 3.5 % |
ROI | 120.4 % | 91.2 % | 2.9 % | ||
Economic value added (EVA) | 363.90 | 69.30 | 276.89 | 613.97 | 27.55 |
Solvency | |||||
Equity ratio | -17.1 % | -10.7 % | 18.5 % | 39.6 % | 25.0 % |
Gearing | 110.8 % | 52.3 % | 162.9 % | ||
Relative net indebtedness % | 10.0 % | 8.0 % | 23.8 % | 8.0 % | 9.1 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 1.0 | 1.6 | 1.2 |
Current ratio | 0.8 | 0.9 | 1.0 | 1.6 | 1.2 |
Cash and cash equivalents | 351.64 | 326.32 | 459.57 | 948.28 | 510.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.7 | 0.6 | 91.0 | 99.2 | 53.4 |
Net working capital % | -5.7 % | -7.9 % | 1.1 % | 19.2 % | 5.5 % |
Credit risk | |||||
Credit rating | B | B | B | BB | BB |
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