GK TEGN OG BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GK TEGN OG BYG ApS
GK TEGN OG BYG ApS (CVR number: 35839445) is a company from AARHUS. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -45.5 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 0 mDKK), while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GK TEGN OG BYG ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 404.13 | 2 977.14 | 2 457.15 | 2 595.63 | 1 415.22 |
Gross profit | 592.54 | 848.69 | 719.15 | 798.59 | 733.89 |
EBIT | 71.98 | 340.57 | 90.53 | 92.15 | 14.55 |
Net earnings | 59.47 | 334.36 | 82.64 | 79.26 | 8.64 |
Shareholders equity total | 109.47 | 378.08 | 132.64 | 129.26 | 58.64 |
Balance sheet total (assets) | 109.47 | 637.14 | 363.23 | 247.35 | 133.36 |
Net debt | - 553.19 | - 230.58 | -64.30 | ||
Profitability | |||||
EBIT-% | 5.1 % | 11.4 % | 3.7 % | 3.6 % | 1.0 % |
ROA | 79.9 % | 91.2 % | 18.1 % | 30.2 % | 7.6 % |
ROE | 75.4 % | 137.2 % | 32.4 % | 60.5 % | 9.2 % |
ROI | 79.9 % | 139.7 % | 35.5 % | 70.4 % | 15.5 % |
Economic value added (EVA) | 74.24 | 335.07 | 99.33 | 97.07 | 11.28 |
Solvency | |||||
Equity ratio | 100.0 % | 59.3 % | 36.5 % | 52.3 % | 44.0 % |
Gearing | |||||
Relative net indebtedness % | -9.9 % | 2.1 % | 5.3 % | ||
Liquidity | |||||
Quick ratio | 2.3 | 1.4 | 1.7 | 1.1 | |
Current ratio | 2.3 | 1.4 | 1.7 | 1.1 | |
Cash and cash equivalents | 553.19 | 230.58 | 64.30 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.8 | 6.8 | 12.7 | 13.6 | 16.0 |
Net working capital % | 5.4 % | 11.7 % | 4.2 % | 3.1 % | 0.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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