GID Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GID Invest A/S
GID Invest A/S (CVR number: 17856243) is a company from RANDERS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -21 kDKK, while net earnings were -10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. GID Invest A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -72.98 | - 334.76 | 2 618.10 | ||
EBIT | - 103.76 | - 359.38 | 2 580.51 | -31.00 | -21.00 |
Net earnings | -93.48 | - 285.98 | 2 112.68 | -33.00 | -10.45 |
Shareholders equity total | 3 130.84 | 2 844.86 | 4 957.53 | 2 825.00 | 2 814.27 |
Balance sheet total (assets) | 5 983.72 | 5 897.24 | 6 327.33 | 4 837.00 | 3 944.03 |
Net debt | 2 633.63 | 2 484.44 | - 700.13 | 1 068.00 | 946.36 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -5.3 % | 42.6 % | -0.2 % | 0.1 % |
ROE | -2.7 % | -9.6 % | 54.2 % | -0.8 % | -0.4 % |
ROI | -0.7 % | -5.6 % | 46.2 % | -0.2 % | 0.1 % |
Economic value added (EVA) | - 325.33 | - 483.01 | 1 969.68 | - 188.77 | - 111.41 |
Solvency | |||||
Equity ratio | 52.3 % | 48.2 % | 78.4 % | 58.4 % | 71.4 % |
Gearing | 84.1 % | 87.3 % | 19.9 % | 70.9 % | 39.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 1.4 | 0.5 | 0.7 |
Current ratio | 0.6 | 0.5 | 1.4 | 0.5 | 0.7 |
Cash and cash equivalents | 1 685.58 | 934.00 | 173.39 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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