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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 -16.1 kDKK in 2024. The operating profit was -16.1 kDKK, while net earnings were 848.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.50 | -25.13 | -15.00 | -19.31 | -16.13 |
| EBIT | -12.50 | -25.13 | -15.00 | -19.31 | -16.13 |
| Net earnings | 6 317.24 | 4 363.41 | - 233.72 | 937.99 | 848.80 |
| Shareholders equity total | 24 229.28 | 28 592.68 | 28 358.96 | 29 296.96 | 30 030.75 |
| Balance sheet total (assets) | 40 366.39 | 44 824.92 | 44 897.06 | 40 188.56 | 41 058.16 |
| Net debt | -24 232.37 | -28 521.48 | -27 852.84 | -29 101.33 | -29 958.19 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.4 % | 13.7 % | 1.9 % | 8.2 % | 3.4 % |
| ROE | 30.0 % | 16.5 % | -0.8 % | 3.3 % | 2.9 % |
| ROI | 19.5 % | 13.8 % | 1.9 % | 8.2 % | 3.4 % |
| Economic value added (EVA) | -1 686.69 | -2 035.89 | -2 259.07 | -2 269.11 | -2 034.85 |
| Solvency | |||||
| Equity ratio | 60.0 % | 63.8 % | 63.2 % | 72.9 % | 73.1 % |
| Gearing | 65.2 % | 56.2 % | 58.3 % | 37.1 % | 36.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 2.8 | 2.7 | 3.7 | 3.7 |
| Current ratio | 2.6 | 2.8 | 2.7 | 3.7 | 3.7 |
| Cash and cash equivalents | 40 018.36 | 44 586.97 | 44 377.43 | 39 977.93 | 40 938.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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