K/S Grønnegade 76 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S Grønnegade 76
K/S Grønnegade 76 (CVR number: 36722649) is a company from AARHUS. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was at 78.5 % (EBIT: 0.9 mDKK), while net earnings were 826.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.5 %, 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. K/S Grønnegade 76's liquidity measured by quick ratio was 2.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 162.32 | 1 143.03 | 1 175.94 | 1 174.02 | 1 184.07 |
Gross profit | 984.72 | 1 034.49 | 951.26 | 1 028.31 | 1 046.26 |
EBIT | 870.37 | 919.49 | 836.26 | 912.53 | 929.31 |
Net earnings | 615.68 | 722.93 | 753.33 | 841.99 | 826.33 |
Shareholders equity total | 8 201.77 | 8 924.70 | 9 678.03 | 10 520.02 | 11 346.35 |
Balance sheet total (assets) | 23 213.32 | 23 723.45 | 24 260.57 | 24 852.91 | 25 481.15 |
Net debt | 14 195.30 | 14 200.21 | 13 967.94 | 13 728.90 | 13 427.72 |
Profitability | |||||
EBIT-% | 74.9 % | 80.4 % | 71.1 % | 77.7 % | 78.5 % |
ROA | 3.8 % | 3.9 % | 3.5 % | 3.7 % | 3.7 % |
ROE | 7.8 % | 8.4 % | 8.1 % | 8.3 % | 7.6 % |
ROI | 3.9 % | 4.0 % | 3.6 % | 3.8 % | 3.8 % |
Economic value added (EVA) | 196.34 | 134.18 | 14.38 | 66.98 | 53.46 |
Solvency | |||||
Equity ratio | 35.3 % | 37.6 % | 39.9 % | 42.3 % | 44.5 % |
Gearing | 176.6 % | 160.0 % | 145.0 % | 131.0 % | 119.3 % |
Relative net indebtedness % | 1266.6 % | 1288.1 % | 1234.7 % | 1216.0 % | 1184.4 % |
Liquidity | |||||
Quick ratio | 0.4 | 1.2 | 1.9 | 2.7 | 2.6 |
Current ratio | 0.4 | 1.2 | 1.9 | 2.7 | 2.6 |
Cash and cash equivalents | 289.31 | 75.45 | 63.57 | 56.91 | 111.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -37.7 % | 13.3 % | 58.5 % | 115.8 % | 149.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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