FIRMA VAGN GODTHAAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIRMA VAGN GODTHAAB ApS
FIRMA VAGN GODTHAAB ApS (CVR number: 35040978) is a company from HORSENS. The company recorded a gross profit of 641.5 kDKK in 2023. The operating profit was 84.1 kDKK, while net earnings were -28.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. FIRMA VAGN GODTHAAB ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 115.69 | 1 088.47 | 767.34 | 1 210.76 | 641.55 |
EBIT | 182.94 | 382.60 | 79.14 | 509.96 | 84.14 |
Net earnings | 148.19 | 250.07 | 272.73 | 107.55 | -28.77 |
Shareholders equity total | 1 609.57 | 1 859.64 | 2 132.37 | 2 239.92 | 2 211.16 |
Balance sheet total (assets) | 2 825.62 | 3 411.18 | 4 096.80 | 3 241.61 | 2 923.37 |
Net debt | 476.17 | 168.17 | - 915.75 | - 815.47 | 270.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 14.6 % | 10.7 % | 15.4 % | 5.4 % |
ROE | 9.7 % | 14.4 % | 13.7 % | 4.9 % | -1.3 % |
ROI | 9.1 % | 18.4 % | 14.3 % | 20.3 % | 6.4 % |
Economic value added (EVA) | 73.79 | 225.63 | -1.15 | 347.89 | 19.09 |
Solvency | |||||
Equity ratio | 57.0 % | 54.5 % | 52.0 % | 69.1 % | 75.6 % |
Gearing | 40.2 % | 41.9 % | 35.4 % | 18.2 % | 15.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 1.3 | 2.2 | 1.3 |
Current ratio | 2.1 | 2.1 | 2.0 | 3.1 | 3.8 |
Cash and cash equivalents | 170.58 | 610.99 | 1 670.36 | 1 222.44 | 82.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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