GF-HORSENS, SILKEBORG OG SKANDERBORG FMBA — Credit Rating and Financial Key Figures
Credit rating
Company information
About GF-HORSENS, SILKEBORG OG SKANDERBORG FMBA
GF-HORSENS, SILKEBORG OG SKANDERBORG FMBA (CVR number: 87010112) is a company from HORSENS. The company reported a net sales of 18 mDKK in 2023, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 0.7 mDKK), while net earnings were 982.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GF-HORSENS, SILKEBORG OG SKANDERBORG FMBA's liquidity measured by quick ratio was 3.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 378.42 | 15 598.83 | 16 169.18 | 17 219.00 | 17 972.64 |
Gross profit | 11 785.77 | 12 223.55 | 12 244.85 | 12 329.98 | 13 440.76 |
EBIT | - 251.73 | 173.08 | 906.55 | 446.45 | 723.36 |
Net earnings | - 114.78 | 218.19 | 1 059.79 | 152.05 | 982.10 |
Shareholders equity total | 7 140.66 | 7 358.85 | 8 418.64 | 8 570.69 | 9 552.79 |
Balance sheet total (assets) | 12 115.30 | 13 421.97 | 11 832.32 | 11 620.02 | 13 052.78 |
Net debt | -2 172.77 | -3 523.60 | -2 560.58 | -3 091.40 | -4 564.86 |
Profitability | |||||
EBIT-% | -1.6 % | 1.1 % | 5.6 % | 2.6 % | 4.0 % |
ROA | -0.6 % | 2.4 % | 8.2 % | 4.5 % | 8.0 % |
ROE | -1.6 % | 3.0 % | 13.4 % | 1.8 % | 10.8 % |
ROI | -0.8 % | 3.4 % | 11.2 % | 5.7 % | 10.2 % |
Economic value added (EVA) | - 532.39 | - 104.09 | 764.17 | 29.32 | 476.36 |
Solvency | |||||
Equity ratio | 68.7 % | 65.8 % | 81.4 % | 85.2 % | 83.9 % |
Gearing | 14.8 % | 12.5 % | 9.4 % | 7.7 % | 5.6 % |
Relative net indebtedness % | 10.9 % | 9.6 % | -0.1 % | -4.1 % | -8.9 % |
Liquidity | |||||
Quick ratio | 1.7 | 2.5 | 3.2 | 4.1 | 3.6 |
Current ratio | 0.9 | 1.2 | 1.4 | 1.6 | 1.7 |
Cash and cash equivalents | 3 231.24 | 4 445.15 | 3 348.32 | 3 748.20 | 5 100.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -19.8 % | -18.3 % | -6.0 % | -7.4 % | -7.4 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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