GRUNDFOS DK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 581.00 | 615.00 | 596.21 | 726.62 | 616.30 |
Gross profit | 111.00 | 126.00 | 126.98 | 177.89 | 140.81 |
EBIT | 29.00 | 39.00 | 33.98 | 80.87 | 37.09 |
Net earnings | 20.00 | 29.00 | 25.95 | 60.00 | 29.08 |
Shareholders equity total | 57.00 | 70.00 | 75.89 | 100.90 | 64.97 |
Balance sheet total (assets) | 210.00 | 216.00 | 210.79 | 197.40 | 182.28 |
Net debt | 52.27 | 48.74 | 70.59 | ||
Profitability | |||||
EBIT-% | 5.0 % | 6.3 % | 5.7 % | 11.1 % | 6.0 % |
ROA | 14.1 % | 18.3 % | 16.0 % | 40.6 % | 20.5 % |
ROE | 36.4 % | 45.7 % | 35.6 % | 67.9 % | 35.1 % |
ROI | 14.1 % | 18.3 % | 19.3 % | 56.4 % | 25.8 % |
Economic value added (EVA) | 26.34 | 36.14 | 22.30 | 55.28 | 20.25 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 39.7 % | 51.5 % | 36.0 % |
Gearing | 71.3 % | 48.4 % | 109.8 % | ||
Relative net indebtedness % | 21.0 % | 12.4 % | 17.5 % | ||
Liquidity | |||||
Quick ratio | 1.7 | 2.1 | 1.6 | ||
Current ratio | 1.6 | 2.1 | 1.6 | ||
Cash and cash equivalents | 1.84 | 0.10 | 0.77 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 98.6 | 85.9 | 93.4 | ||
Net working capital % | 13.0 % | 14.1 % | 11.2 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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