Credit rating
Company information
About GES HOLDING ApS
GES HOLDING ApS (CVR number: 31623901) is a company from AALBORG. The company recorded a gross profit of 2970.8 kDKK in 2023. The operating profit was -557.4 kDKK, while net earnings were 7774.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66 %, 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. GES HOLDING ApS's liquidity measured by quick ratio was 2.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 598.00 | 2 941.00 | 2 200.61 | 1 672.66 | 2 970.78 |
EBIT | 2 678.00 | 2 899.00 | 1 156.00 | -2 224.22 | - 557.41 |
Net earnings | 5 335.00 | 3 482.00 | 3 531.88 | 1 515.65 | 7 774.13 |
Shareholders equity total | 73 706.00 | 71 968.00 | 70 717.20 | 70 006.19 | 74 272.38 |
Balance sheet total (assets) | 125 129.00 | 124 558.00 | 122 526.95 | 117 198.19 | 112 473.31 |
Net debt | 22 692.00 | 29 250.00 | 16 892.99 | 20 891.79 | 9 241.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 3.7 % | 4.3 % | 6.1 % | 9.2 % |
ROE | 7.5 % | 4.8 % | 5.0 % | 2.2 % | 10.8 % |
ROI | 6.5 % | 5.4 % | 4.5 % | 6.4 % | 9.7 % |
Economic value added (EVA) | - 563.77 | 20.07 | -2 356.57 | -5 746.22 | -3 095.24 |
Solvency | |||||
Equity ratio | 58.9 % | 57.8 % | 57.7 % | 59.7 % | 66.0 % |
Gearing | 65.7 % | 67.4 % | 61.3 % | 58.7 % | 39.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 2.2 | 1.7 | 1.3 | 2.2 |
Current ratio | 3.5 | 2.2 | 1.7 | 1.3 | 2.2 |
Cash and cash equivalents | 25 727.00 | 19 223.00 | 26 431.25 | 20 235.62 | 19 801.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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