Gorm Setnes Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Gorm Setnes Holding ApS
Gorm Setnes Holding ApS (CVR number: 41455926) is a company from AARHUS. The company recorded a gross profit of -5.7 kDKK in 2025. The operating profit was -5.7 kDKK, while net earnings were -2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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. Gorm Setnes Holding ApS's liquidity measured by quick ratio was 9.2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.92 | -3.70 | -5.01 | -5.09 | -5.70 |
| EBIT | -6.92 | -3.70 | -5.01 | -5.09 | -5.70 |
| Net earnings | -5.45 | 140.89 | -6.94 | 299.62 | -2.10 |
| Shareholders equity total | 39.55 | 180.44 | 173.50 | 473.12 | 410.02 |
| Balance sheet total (assets) | 134.14 | 331.92 | 296.73 | 480.45 | 616.59 |
| Net debt | -1.76 | -2.55 | -87.13 | - 148.29 | - 323.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.2 % | 62.8 % | -1.6 % | 77.1 % | -1.0 % |
| ROE | -13.8 % | 128.1 % | -3.9 % | 92.7 % | -0.5 % |
| ROI | -17.5 % | 79.5 % | -1.8 % | 84.5 % | -1.2 % |
| Economic value added (EVA) | -5.40 | -5.69 | -20.82 | -16.93 | -27.82 |
| Solvency | |||||
| Equity ratio | 29.5 % | 54.4 % | 58.5 % | 98.5 % | 66.5 % |
| Gearing | 81.9 % | 35.8 % | 14.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.9 | 2.1 | 83.3 | 9.2 |
| Current ratio | 1.0 | 1.9 | 2.1 | 83.3 | 9.2 |
| Cash and cash equivalents | 1.76 | 150.38 | 149.29 | 148.29 | 381.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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