Global Tank Group A/S — Credit Rating and Financial Key Figures

CVR number: 35672532
Nørreager 2, Hee 6950 Ringkøbing
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Company information

Official name
Global Tank Group A/S
Established
2014
Domicile
Hee
Company form
Limited company
Industry

About Global Tank Group A/S

Global Tank Group A/S (CVR number: 35672532) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 14.4 kDKK in 2024. The operating profit was -3.9 kDKK, while net earnings were 4875.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Global Tank Group A/S's liquidity measured by quick ratio was 21.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9.9223.5818.9814.3414.35
EBIT3.2714.7010.10-3.88-3.86
Net earnings5 068.602 914.665 459.445 886.064 875.80
Shareholders equity total10 642.3611 557.0116 016.4521 702.5126 517.31
Balance sheet total (assets)13 011.6912 951.0818 726.9721 866.4526 810.18
Net debt-1 141.63-4 432.57-2 266.86-5 531.39-5 363.44
Profitability
EBIT-%
ROA55.0 %24.3 %43.8 %30.5 %21.4 %
ROE62.3 %26.3 %39.6 %31.2 %20.2 %
ROI61.2 %26.7 %46.5 %31.4 %21.5 %
Economic value added (EVA)- 280.36- 561.02- 610.04- 882.57-1 101.19
Solvency
Equity ratio81.8 %89.2 %85.5 %99.3 %98.9 %
Gearing6.9 %6.4 %9.3 %0.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.54.22.153.421.7
Current ratio1.54.22.153.421.7
Cash and cash equivalents1 879.965 173.873 759.225 685.325 507.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:21.4%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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