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GF-MIDT VEST — Credit Rating and Financial Key Figures
Credit rating
Company information
About GF-MIDT VEST
GF-MIDT VEST (CVR number: 55553319) is a company from HERNING. The company recorded a gross profit of 214.9 kDKK in 2013. The operating profit was -668.6 kDKK, while net earnings were -583 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. GF-MIDT VEST's liquidity measured by quick ratio was 4.9 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 financials2011 | 2012 | 2013 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 794.08 | 694.22 | 214.93 |
| EBIT | - 116.93 | 12.76 | - 668.58 |
| Net earnings | 100.93 | 388.13 | - 583.03 |
| Shareholders equity total | 5 604.59 | 6 041.45 | 5 531.07 |
| Balance sheet total (assets) | 7 421.41 | 7 961.37 | 7 252.64 |
| Net debt | -5 056.01 | ||
| Profitability | |||
| EBIT-% | |||
| ROA | 3.7 % | -8.9 % | |
| ROE | 6.7 % | -10.1 % | |
| ROI | 4.4 % | -10.5 % | |
| Economic value added (EVA) | - 116.93 | 104.05 | - 972.16 |
| Solvency | |||
| Equity ratio | 75.9 % | 76.3 % | |
| Gearing | |||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 4.6 | 4.9 | |
| Current ratio | 4.6 | 4.9 | |
| Cash and cash equivalents | 5 189.54 | 5 752.43 | 5 056.01 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB |
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