Credit rating
Company information
About GEORG BERG A/S
GEORG BERG A/S (CVR number: 82735011) is a company from SLAGELSE. The company reported a net sales of 139.5 mDKK in 2024, demonstrating a growth of 35.1 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 5.2 mDKK), while net earnings were 4586.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. GEORG BERG A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 139.55 | 112.40 | 128.14 | 103.26 | 139.48 |
Gross profit | 40.85 | 29.67 | 30.51 | 26.37 | 36.94 |
EBIT | 9.01 | 4.14 | 5.57 | 2.08 | 5.23 |
Net earnings | 7.36 | 3.32 | 4.29 | 1.73 | 4.59 |
Shareholders equity total | 29.70 | 22.63 | 23.90 | 21.63 | 24.72 |
Balance sheet total (assets) | 57.91 | 42.35 | 46.58 | 50.59 | 65.39 |
Net debt | -24.67 | -18.88 | -16.20 | -24.60 | -20.90 |
Profitability | |||||
EBIT-% | 6.5 % | 3.7 % | 4.3 % | 2.0 % | 3.8 % |
ROA | 16.5 % | 8.8 % | 12.8 % | 4.7 % | 10.2 % |
ROE | 27.2 % | 12.7 % | 18.4 % | 7.6 % | 19.8 % |
ROI | 29.4 % | 14.1 % | 20.4 % | 8.6 % | 21.9 % |
Economic value added (EVA) | 6.93 | 3.01 | 4.17 | 1.23 | 4.22 |
Solvency | |||||
Equity ratio | 51.3 % | 53.4 % | 51.3 % | 42.8 % | 37.8 % |
Gearing | 1.8 % | 1.1 % | 0.5 % | ||
Relative net indebtedness % | -1.0 % | -3.7 % | 1.8 % | 0.3 % | 11.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.7 | 2.4 | 1.9 | 1.7 |
Current ratio | 2.0 | 2.7 | 2.4 | 1.9 | 1.7 |
Cash and cash equivalents | 25.21 | 19.13 | 16.20 | 24.70 | 20.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.8 | 43.2 | 67.1 | 58.2 | 66.2 |
Net working capital % | 16.3 % | 22.4 % | 20.0 % | 22.1 % | 17.9 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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