GYCOM DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GYCOM DANMARK A/S
GYCOM DANMARK A/S (CVR number: 12478038) is a company from KØGE. The company recorded a gross profit of 877.7 kDKK in 2023. The operating profit was -537.5 kDKK, while net earnings were -479 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.8 %, which can be considered poor and Return on Equity (ROE) was -49.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. GYCOM DANMARK A/S's liquidity measured by quick ratio was 1.9 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 | 1 152.63 | 931.60 | 862.44 | 849.77 | 877.69 |
| EBIT | 326.74 | 85.97 | 47.28 | 26.46 | - 537.48 |
| Net earnings | 318.00 | 70.95 | 68.78 | 74.91 | - 479.00 |
| Shareholders equity total | 994.94 | 1 065.89 | 1 134.67 | 1 209.58 | 730.59 |
| Balance sheet total (assets) | 1 158.35 | 1 322.41 | 1 334.13 | 1 406.69 | 1 511.39 |
| Net debt | - 828.89 | -1 203.16 | - 200.20 | - 159.20 | -60.62 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.2 % | 6.9 % | 5.8 % | 5.6 % | -32.8 % |
| ROE | 9.4 % | 6.9 % | 6.3 % | 6.4 % | -49.4 % |
| ROI | 9.6 % | 8.2 % | 7.0 % | 6.5 % | -49.4 % |
| Economic value added (EVA) | 91.67 | 77.62 | 54.18 | -20.49 | - 590.26 |
| Solvency | |||||
| Equity ratio | 85.9 % | 80.6 % | 85.0 % | 86.0 % | 48.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.5 | 5.2 | 6.7 | 7.1 | 1.9 |
| Current ratio | 8.5 | 5.2 | 6.7 | 7.1 | 1.9 |
| Cash and cash equivalents | 828.89 | 1 203.16 | 200.20 | 159.20 | 60.62 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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