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GF-MIDT VEST — Credit Rating and Financial Key Figures

CVR number: 55553319
Hammerum Hovedgade 65, 7400 Herning
thch@gfforsikring.dk
Free credit report Annual report

Credit rating

Company information

Official name
GF-MIDT VEST
Personnel
13 persons
Established
1974
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2011
2012
2013
Volume
Net sales
Gross profit794.08694.22214.93
EBIT- 116.9312.76- 668.58
Net earnings100.93388.13- 583.03
Shareholders equity total5 604.596 041.455 531.07
Balance sheet total (assets)7 421.417 961.377 252.64
Net debt-5 056.01
Profitability
EBIT-%
ROA3.7 %-8.9 %
ROE6.7 %-10.1 %
ROI4.4 %-10.5 %
Economic value added (EVA)- 116.93104.05- 972.16
Solvency
Equity ratio75.9 %76.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.64.9
Current ratio4.64.9
Cash and cash equivalents5 189.545 752.435 056.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-8.88%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Chairman of the board

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