GG INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 17612298
Pontoppidansvej 1, 7400 Herning

Credit rating

Company information

Official name
GG INVEST A/S
Established
1994
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings2 039.786 317.244 363.41- 233.72937.99
Shareholders equity total17 912.0324 229.2828 592.6828 358.9629 296.96
Balance sheet total (assets)33 351.9040 366.3944 824.9244 897.0640 188.56
Net debt-17 732.16-24 232.37-28 521.48-27 852.84-29 101.33
Profitability
EBIT-%
ROA11.9 %19.4 %13.7 %1.9 %8.2 %
ROE12.1 %30.0 %16.5 %-0.8 %3.3 %
ROI12.0 %19.5 %13.8 %1.9 %8.2 %
Economic value added (EVA)763.69754.63768.28788.71791.22
Solvency
Equity ratio53.7 %60.0 %63.8 %63.2 %72.9 %
Gearing86.1 %65.2 %56.2 %58.3 %37.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.62.82.73.7
Current ratio2.22.62.82.73.7
Cash and cash equivalents33 157.8840 018.3644 586.9744 377.4339 977.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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