3 X G ApS — Credit Rating and Financial Key Figures

CVR number: 31757843
Linde Allé 73, 5750 Ringe
arne.gynther@privat.dk
tel: 29450569

Company information

Official name
3 X G ApS
Established
2008
Company form
Private limited company
Industry

About 3 X G ApS

3 X G ApS (CVR number: 31757843) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 962.3 kDKK in 2023. The operating profit was 852.5 kDKK, while net earnings were 451.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 32 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 3 X G ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit447.13636.29334.94621.16962.31
EBIT388.74564.71150.69516.64852.49
Net earnings175.82231.35- 122.80162.49451.29
Shareholders equity total914.921 146.281 023.471 185.961 637.24
Balance sheet total (assets)6 536.767 923.208 025.859 143.828 061.45
Net debt5 144.576 107.316 529.327 352.085 731.11
Profitability
EBIT-%
ROA6.0 %7.8 %1.9 %6.0 %10.7 %
ROE21.3 %22.4 %-11.3 %14.7 %32.0 %
ROI6.4 %8.3 %2.0 %6.3 %11.2 %
Economic value added (EVA)19.79156.72- 154.7761.61380.33
Solvency
Equity ratio14.1 %14.5 %12.8 %13.1 %20.5 %
Gearing568.7 %542.4 %643.0 %630.3 %363.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.00.10.2
Cash and cash equivalents58.85109.6651.57122.88222.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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