GREVE FORSYNING HOLDING A/S
Credit rating
Company information
About GREVE FORSYNING HOLDING A/S
GREVE FORSYNING HOLDING A/S (CVR number: 32269761K) is a company from GREVE. The company reported a net sales of 132.6 mDKK in 2023, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was poor at -3.8 % (EBIT: -5.1 mDKK), while net earnings were -5261 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GREVE FORSYNING HOLDING A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 99.08 | 112.83 | 122.28 | 123.05 | 132.58 |
Gross profit | 99.08 | 112.83 | 122.28 | 0.06 | 1.95 |
EBIT | -12.29 | -2.99 | -2.24 | -10.15 | -5.09 |
Net earnings | -13.89 | -8.15 | -1.38 | -9.56 | -5.26 |
Shareholders equity total | 1 253.65 | 1 240.31 | 1 238.93 | 1 229.37 | 1 224.11 |
Balance sheet total (assets) | 1 329.21 | 1 338.39 | 1 373.10 | 1 376.88 | 1 385.63 |
Net debt | 23.47 | 28.54 | |||
Profitability | |||||
EBIT-% | -12.4 % | -2.6 % | -1.8 % | -8.3 % | -3.8 % |
ROA | -0.9 % | -0.2 % | -0.2 % | -0.7 % | -0.2 % |
ROE | -1.1 % | -0.7 % | -0.1 % | -0.8 % | -0.4 % |
ROI | -0.9 % | -0.2 % | -0.2 % | -0.7 % | -0.3 % |
Economic value added (EVA) | -42.01 | -65.98 | -64.56 | -72.41 | -68.33 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 89.3 % | 88.3 % |
Gearing | 2.2 % | 3.2 % | |||
Relative net indebtedness % | 109.2 % | 107.4 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | |||
Current ratio | 1.2 | 1.2 | |||
Cash and cash equivalents | 3.25 | 11.17 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.9 | 16.9 | |||
Net working capital % | 5.4 % | 5.2 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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