GRUNDFOS DK A/S — Credit Rating and Financial Key Figures

CVR number: 19342735
Martin Bachs Vej 3, 8850 Bjerringbro
tel: 87505050

Company information

Official name
GRUNDFOS DK A/S
Personnel
138 persons
Established
1996
Company form
Limited company
Industry

About GRUNDFOS DK A/S

GRUNDFOS DK A/S (CVR number: 19342735) is a company from VIBORG. The company reported a net sales of 616.3 mDKK in 2023, demonstrating a decline of -15.2 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 37.1 mDKK), while net earnings were 29.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36 %, 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. GRUNDFOS DK A/S's liquidity measured by quick ratio was 1.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales581.00615.00596.21726.62616.30
Gross profit111.00126.00126.98177.89140.81
EBIT29.0039.0033.9880.8737.09
Net earnings20.0029.0025.9560.0029.08
Shareholders equity total57.0070.0075.89100.9064.97
Balance sheet total (assets)210.00216.00210.79197.40182.28
Net debt52.2748.7470.59
Profitability
EBIT-%5.0 %6.3 %5.7 %11.1 %6.0 %
ROA14.1 %18.3 %16.0 %40.6 %20.5 %
ROE36.4 %45.7 %35.6 %67.9 %35.1 %
ROI14.1 %18.3 %19.3 %56.4 %25.8 %
Economic value added (EVA)26.3436.1422.3055.2820.25
Solvency
Equity ratio100.0 %100.0 %39.7 %51.5 %36.0 %
Gearing71.3 %48.4 %109.8 %
Relative net indebtedness %21.0 %12.4 %17.5 %
Liquidity
Quick ratio1.72.11.6
Current ratio1.62.11.6
Cash and cash equivalents1.840.100.77
Capital use efficiency
Trade debtors turnover (days)98.685.993.4
Net working capital %13.0 %14.1 %11.2 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:20.5%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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