GRÅSAND SKOVBRUG K/S

CVR number: 17286900
Vestre Søvej 46, 7451 Sunds
Cottex@mail.dk
tel: 20476920

Credit rating

Company information

Official name
GRÅSAND SKOVBRUG K/S
Established
1999
Company form
Limited partnership
Industry
  • Expand more icon02Forestry and logging

About the company

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit17.6414.0315.0911.1841.03
EBIT15.5712.4813.9210.3040.38
Net earnings-16.67-19.73-18.24-24.65-79.31
Shareholders equity total1 236.771 217.041 198.801 132.461 053.15
Balance sheet total (assets)3 939.213 943.503 945.264 358.924 284.40
Net debt2 301.432 294.162 290.942 347.782 418.88
Profitability
EBIT-%
ROA0.4 %0.3 %0.4 %0.2 %1.0 %
ROE-1.3 %-1.6 %-1.5 %-2.1 %-7.3 %
ROI0.4 %0.4 %0.4 %0.3 %1.1 %
Economic value added (EVA)- 162.99- 165.24- 162.52- 165.06- 134.50
Solvency
Equity ratio31.4 %30.9 %30.4 %26.0 %24.6 %
Gearing186.1 %189.0 %191.9 %244.6 %263.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.90.8
Current ratio0.00.00.00.90.8
Cash and cash equivalents5.849.05422.22351.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.96%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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