K/S GREVE — Credit Rating and Financial Key Figures

CVR number: 31878780
Asylgade 1 U, 7800 Skive

Company information

Official name
K/S GREVE
Established
2008
Company form
Limited partnership
Industry

About K/S GREVE

K/S GREVE (CVR number: 31878780) is a company from SKIVE. The company reported a net sales of 2.1 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 93.1 % (EBIT: 1.9 mDKK), while net earnings were 1728.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. K/S GREVE's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 890.571 928.381 970.222 045.632 086.54
Gross profit1 721.121 800.281 837.231 901.751 942.08
EBIT1 721.12- 706.20-4 359.89-2 598.251 942.08
Net earnings1 554.72- 860.84-4 496.45-2 821.861 728.74
Shareholders equity total18 140.6416 460.6411 132.157 225.297 904.03
Balance sheet total (assets)25 593.0522 998.7016 769.5812 174.0512 130.90
Net debt6 265.435 537.484 755.874 116.913 404.91
Profitability
EBIT-%91.0 %-36.6 %-221.3 %-127.0 %93.1 %
ROA6.8 %-2.9 %-21.9 %-17.9 %16.0 %
ROE8.8 %-5.0 %-32.6 %-30.7 %22.9 %
ROI7.0 %-3.0 %-22.7 %-18.8 %16.9 %
Economic value added (EVA)528.94-1 898.52-5 426.56-3 365.911 348.90
Solvency
Equity ratio70.9 %71.6 %66.4 %59.3 %65.2 %
Gearing36.7 %35.5 %45.1 %59.4 %44.7 %
Relative net indebtedness %373.4 %323.6 %272.4 %233.4 %196.3 %
Liquidity
Quick ratio0.20.20.20.10.1
Current ratio0.20.20.20.10.1
Cash and cash equivalents393.05298.70269.58174.05130.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-71.9 %-70.7 %-62.6 %-67.8 %-72.6 %
Credit risk
Credit ratingAABBBBBBBBBA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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