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GOLDEN GROUP ApS — Credit Rating and Financial Key Figures
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 2.6 mDKK in 2024, demonstrating a decline of -31.1 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 0.5 mDKK), while net earnings were 480.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. GOLDEN GROUP ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 088.43 | 3 615.81 | 2 118.24 | 3 717.42 | 2 562.58 |
| Gross profit | 1 001.29 | 2 362.73 | 1 363.57 | 2 596.68 | 2 121.08 |
| EBIT | 274.93 | 771.48 | 26.47 | 593.33 | 479.36 |
| Net earnings | 255.55 | 594.41 | 18.27 | 589.87 | 480.26 |
| Shareholders equity total | 216.63 | 811.03 | 234.90 | 806.49 | 696.88 |
| Balance sheet total (assets) | 1 172.97 | 2 048.66 | 938.91 | 2 155.13 | 1 535.94 |
| Net debt | - 219.57 | - 523.82 | - 128.36 | - 842.97 | - 484.91 |
| Profitability | |||||
| EBIT-% | 13.2 % | 21.3 % | 1.2 % | 16.0 % | 18.7 % |
| ROA | 35.7 % | 47.9 % | 1.8 % | 38.4 % | 26.5 % |
| ROE | 94.0 % | 115.7 % | 3.5 % | 113.3 % | 63.9 % |
| ROI | 120.4 % | 91.2 % | 2.9 % | 60.8 % | 38.8 % |
| Economic value added (EVA) | 260.50 | 578.82 | -41.43 | 562.30 | 412.30 |
| Solvency | |||||
| Equity ratio | 18.5 % | 39.6 % | 25.0 % | 37.4 % | 45.4 % |
| Gearing | 110.8 % | 52.3 % | 162.9 % | 65.5 % | 69.7 % |
| Relative net indebtedness % | 23.8 % | 8.0 % | 9.1 % | -0.6 % | -5.1 % |
| Liquidity | |||||
| Quick ratio | 1.0 | 1.6 | 1.2 | 1.5 | 1.5 |
| Current ratio | 1.0 | 1.6 | 1.2 | 1.5 | 1.5 |
| Cash and cash equivalents | 459.57 | 948.28 | 510.93 | 1 370.91 | 970.59 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 91.0 | 99.2 | 53.4 | 68.0 | 36.4 |
| Net working capital % | 1.1 % | 19.2 % | 5.5 % | 19.2 % | 15.1 % |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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