GN HEARING A/S — Credit Rating and Financial Key Figures

CVR number: 55082715
Lautrupbjerg 7, 2750 Ballerup
tel: 72111889

Company information

Official name
GN HEARING A/S
Personnel
1349 persons
Established
1957
Company form
Limited company
Industry

About GN HEARING A/S

GN HEARING A/S (CVR number: 55082715) is a company from BALLERUP. The company reported a net sales of 2093.7 mDKK in 2013, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 16.2 % (EBIT: 339.4 mDKK), while net earnings were 199.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. GN HEARING A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2012
2013
Volume
Net sales1 964 259.002 093 738.00
Gross profit816 441.001 015 195.00
EBIT134 004.00339 354.00
Net earnings-94 458.00199 406.00
Shareholders equity total2 470 476.002 648 684.00
Balance sheet total (assets)4 920 165.004 651 283.00
Net debt1 624 397.00
Profitability
EBIT-%16.2 %
ROA7.0 %
ROE7.8 %
ROI7.3 %
Economic value added (EVA)100 097.1924 198.42
Solvency
Equity ratio56.9 %
Gearing61.4 %
Relative net indebtedness %86.8 %
Liquidity
Quick ratio0.3
Current ratio0.4
Cash and cash equivalents3 088.00625.00
Capital use efficiency
Trade debtors turnover (days)18.1
Net working capital %-52.8 %
Credit risk
Credit ratingAA

Variable visualization

ROA:7.00%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member
Board member

Companies in the same industry

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