GREVE SPILDEVAND A/S
Credit rating
Company information
About GREVE SPILDEVAND A/S
GREVE SPILDEVAND A/S (CVR number: 32268668) is a company from GREVE. The company reported a net sales of 62.1 mDKK in 2023, demonstrating a growth of 11.5 % compared to the previous year. The operating profit percentage was poor at -8.8 % (EBIT: -5.5 mDKK), while net earnings were -5273 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, 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 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GREVE SPILDEVAND A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 50.13 | 53.05 | 61.12 | 55.68 | 62.09 |
Gross profit | -7.18 | 0.61 | 3.59 | -5.86 | -2.29 |
EBIT | -12.54 | -8.33 | -3.24 | -10.20 | -5.46 |
Net earnings | -12.34 | -8.07 | -2.31 | -9.57 | -5.27 |
Shareholders equity total | 1 228.10 | 1 214.84 | 1 212.53 | 1 202.96 | 1 197.69 |
Balance sheet total (assets) | 1 294.96 | 1 287.74 | 1 309.37 | 1 314.10 | 1 325.04 |
Net debt | -27.20 | -19.45 | -10.78 | 9.83 | 25.05 |
Profitability | |||||
EBIT-% | -25.0 % | -15.7 % | -5.3 % | -18.3 % | -8.8 % |
ROA | -0.9 % | -0.6 % | -0.2 % | -0.7 % | -0.3 % |
ROE | -1.0 % | -0.7 % | -0.2 % | -0.8 % | -0.4 % |
ROI | -1.0 % | -0.6 % | -0.2 % | -0.8 % | -0.4 % |
Economic value added (EVA) | -43.31 | -38.92 | -63.27 | -70.47 | -65.83 |
Solvency | |||||
Equity ratio | 94.8 % | 94.3 % | 92.6 % | 91.5 % | 90.4 % |
Gearing | 0.1 % | 0.1 % | 0.2 % | 0.9 % | 2.2 % |
Relative net indebtedness % | 66.5 % | 99.3 % | 137.0 % | 197.2 % | 203.4 % |
Liquidity | |||||
Quick ratio | 4.0 | 3.1 | 2.1 | 0.6 | 0.8 |
Current ratio | 4.0 | 3.1 | 2.1 | 0.6 | 0.8 |
Cash and cash equivalents | 28.73 | 20.25 | 13.12 | 1.35 | 1.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.6 | 70.1 | 53.9 | 15.6 | 31.9 |
Net working capital % | 29.6 % | 23.1 % | 27.6 % | -17.1 % | -11.6 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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