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GRANE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRANE HOLDING ApS
GRANE HOLDING ApS (CVR number: 21854794) is a company from ISHØJ. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 229.1 % compared to the previous year. The operating profit percentage was at 47.7 % (EBIT: 0.3 mDKK), while net earnings were 742.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. GRANE HOLDING ApS's liquidity measured by quick ratio was 4.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 200.00 | 298.28 | 200.00 | 658.10 | |
| Gross profit | - 144.22 | 383.93 | 14.31 | 83.53 | 538.10 |
| EBIT | - 169.39 | 358.76 | -10.86 | 58.37 | 313.75 |
| Net earnings | -89.23 | 739.74 | - 490.73 | 432.02 | 742.78 |
| Shareholders equity total | 4 950.84 | 5 339.89 | 4 533.92 | 4 651.57 | 4 736.25 |
| Balance sheet total (assets) | 5 279.39 | 6 612.83 | 5 745.66 | 6 008.12 | 6 037.20 |
| Net debt | -3 767.54 | -3 281.77 | -2 761.32 | -3 142.19 | -3 453.12 |
| Profitability | |||||
| EBIT-% | 179.4 % | -3.6 % | 29.2 % | 47.7 % | |
| ROA | 10.1 % | 15.6 % | 0.7 % | 8.5 % | 12.8 % |
| ROE | -1.8 % | 14.4 % | -9.9 % | 9.4 % | 15.8 % |
| ROI | 10.4 % | 15.6 % | 0.7 % | 8.5 % | 13.0 % |
| Economic value added (EVA) | - 398.80 | 32.23 | - 338.85 | - 237.33 | 4.86 |
| Solvency | |||||
| Equity ratio | 93.8 % | 80.8 % | 78.9 % | 77.4 % | 78.5 % |
| Gearing | 6.2 % | 23.4 % | 26.5 % | 27.0 % | 26.0 % |
| Relative net indebtedness % | -1631.6 % | -921.7 % | -1522.2 % | -514.3 % | |
| Liquidity | |||||
| Quick ratio | 14.8 | 4.8 | 4.4 | 4.2 | 4.5 |
| Current ratio | 14.8 | 4.8 | 4.4 | 4.2 | 4.5 |
| Cash and cash equivalents | 4 073.02 | 4 531.07 | 3 961.07 | 4 395.97 | 4 685.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 190.3 % | 153.1 % | 121.5 % | -3.1 % | |
| Credit risk | |||||
| Credit rating | AA | AA | AA | A | AA |
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