GG INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GG INVEST A/S
GG INVEST A/S (CVR number: 17612298) is a company from HERNING. The company recorded a gross profit of -19.3 kDKK in 2023. The operating profit was -19.3 kDKK, while net earnings were 938 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. GG INVEST A/S's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -13.55 | -12.50 | -25.13 | -15.00 | -19.31 |
EBIT | -13.55 | -12.50 | -25.13 | -15.00 | -19.31 |
Net earnings | 2 039.78 | 6 317.24 | 4 363.41 | - 233.72 | 937.99 |
Shareholders equity total | 17 912.03 | 24 229.28 | 28 592.68 | 28 358.96 | 29 296.96 |
Balance sheet total (assets) | 33 351.90 | 40 366.39 | 44 824.92 | 44 897.06 | 40 188.56 |
Net debt | -17 732.16 | -24 232.37 | -28 521.48 | -27 852.84 | -29 101.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.9 % | 19.4 % | 13.7 % | 1.9 % | 8.2 % |
ROE | 12.1 % | 30.0 % | 16.5 % | -0.8 % | 3.3 % |
ROI | 12.0 % | 19.5 % | 13.8 % | 1.9 % | 8.2 % |
Economic value added (EVA) | 763.69 | 754.63 | 768.28 | 788.71 | 791.22 |
Solvency | |||||
Equity ratio | 53.7 % | 60.0 % | 63.8 % | 63.2 % | 72.9 % |
Gearing | 86.1 % | 65.2 % | 56.2 % | 58.3 % | 37.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.6 | 2.8 | 2.7 | 3.7 |
Current ratio | 2.2 | 2.6 | 2.8 | 2.7 | 3.7 |
Cash and cash equivalents | 33 157.88 | 40 018.36 | 44 586.97 | 44 377.43 | 39 977.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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