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GODSKE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GODSKE HOLDING A/S
GODSKE HOLDING A/S (CVR number: 26389062K) is a company from HERNING. The company reported a net sales of 544 mDKK in 2025, demonstrating a growth of 38.3 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 10.7 mDKK), while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GODSKE HOLDING A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 241.53 | 363.05 | 413.96 | 393.24 | 543.98 |
| Gross profit | 64.17 | 84.01 | 92.97 | 100.29 | 161.72 |
| EBIT | -8.29 | 0.59 | 3.02 | 6.85 | 10.65 |
| Net earnings | -2.28 | -4.26 | 5.84 | 8.97 | 14.54 |
| Shareholders equity total | 82.69 | 76.71 | 83.57 | 94.49 | 106.06 |
| Balance sheet total (assets) | 148.12 | 152.26 | 244.03 | 289.05 | 297.39 |
| Net debt | 57.47 | 39.91 | |||
| Profitability | |||||
| EBIT-% | 1.7 % | 2.0 % | |||
| ROA | 1.5 % | 8.6 % | 6.8 % | ||
| ROE | 7.3 % | 10.1 % | 14.5 % | ||
| ROI | 1.5 % | 9.7 % | 8.6 % | ||
| Economic value added (EVA) | -8.29 | -3.57 | -0.84 | 0.59 | 0.49 |
| Solvency | |||||
| Equity ratio | 100.0 % | 32.7 % | 35.7 % | ||
| Gearing | 140.6 % | 118.9 % | |||
| Relative net indebtedness % | 30.3 % | 19.3 % | |||
| Liquidity | |||||
| Quick ratio | 1.7 | 1.6 | |||
| Current ratio | 2.2 | 2.1 | |||
| Cash and cash equivalents | 75.36 | 86.24 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 109.6 | 71.3 | |||
| Net working capital % | 25.1 % | 18.0 % | |||
| Credit risk | |||||
| Credit rating | A | A |
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