GRÅSAND SKOVBRUG K/S
Credit rating
Company information
About GRÅSAND SKOVBRUG K/S
GRÅSAND SKOVBRUG K/S (CVR number: 17286900) is a company from HERNING. The company recorded a gross profit of 41 kDKK in 2023. The operating profit was 40.4 kDKK, while net earnings were -79.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GRÅSAND SKOVBRUG K/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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17.64 | 14.03 | 15.09 | 11.18 | 41.03 |
EBIT | 15.57 | 12.48 | 13.92 | 10.30 | 40.38 |
Net earnings | -16.67 | -19.73 | -18.24 | -24.65 | -79.31 |
Shareholders equity total | 1 236.77 | 1 217.04 | 1 198.80 | 1 132.46 | 1 053.15 |
Balance sheet total (assets) | 3 939.21 | 3 943.50 | 3 945.26 | 4 358.92 | 4 284.40 |
Net debt | 2 301.43 | 2 294.16 | 2 290.94 | 2 347.78 | 2 418.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 0.3 % | 0.4 % | 0.2 % | 1.0 % |
ROE | -1.3 % | -1.6 % | -1.5 % | -2.1 % | -7.3 % |
ROI | 0.4 % | 0.4 % | 0.4 % | 0.3 % | 1.1 % |
Economic value added (EVA) | - 162.99 | - 165.24 | - 162.52 | - 165.06 | - 134.50 |
Solvency | |||||
Equity ratio | 31.4 % | 30.9 % | 30.4 % | 26.0 % | 24.6 % |
Gearing | 186.1 % | 189.0 % | 191.9 % | 244.6 % | 263.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.9 | 0.8 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.9 | 0.8 |
Cash and cash equivalents | 5.84 | 9.05 | 422.22 | 351.12 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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