GM ENTERPRISES ApS — Credit Rating and Financial Key Figures

CVR number: 29850127
Markmandsgade 23, 2300 København S

Company information

Official name
GM ENTERPRISES ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About GM ENTERPRISES ApS

GM ENTERPRISES ApS (CVR number: 29850127) is a company from KØBENHAVN. The company recorded a gross profit of 551.9 kDKK in 2023. The operating profit was -233.4 kDKK, while net earnings were 1299.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. GM ENTERPRISES ApS's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit229.69166.151 166.18730.74551.93
EBIT- 254.23- 318.32681.443.47- 233.35
Net earnings181.0478.821 987.19844.261 299.64
Shareholders equity total1 318.731 381.062 846.043 725.204 965.95
Balance sheet total (assets)1 401.151 456.493 720.614 657.386 495.70
Net debt- 282.05- 296.62-88.50-94.54505.35
Profitability
EBIT-%
ROA8.4 %0.4 %76.2 %21.0 %23.7 %
ROE13.0 %5.8 %94.0 %25.7 %29.9 %
ROI8.9 %0.4 %78.5 %21.9 %24.8 %
Economic value added (EVA)- 266.82- 271.34712.7434.75- 178.45
Solvency
Equity ratio94.1 %94.8 %76.5 %80.0 %76.4 %
Gearing0.0 %1.3 %27.4 %18.5 %25.0 %
Relative net indebtedness %
Liquidity
Quick ratio15.013.12.83.12.4
Current ratio15.013.12.83.12.4
Cash and cash equivalents282.49314.61868.60784.35736.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:23.7%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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