M.J. Grønbech Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 20629614
Meterbuen 27 C, 2740 Skovlunde
tel: 33266315

Company information

Official name
M.J. Grønbech Ejendomme A/S
Personnel
1 person
Established
1948
Company form
Limited company
Industry

About M.J. Grønbech Ejendomme A/S

M.J. Grønbech Ejendomme A/S (CVR number: 20629614) is a company from BALLERUP. The company recorded a gross profit of 1933 kDKK in 2023. The operating profit was 1007 kDKK, while net earnings were 601 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M.J. Grønbech Ejendomme A/S's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 560.002 603.00
Gross profit793.00913.00572.00911.001 933.00
EBIT- 981.00- 736.00-1 581.00- 219.001 007.00
Net earnings21 463.0036 895.0013 909.00- 440.00601.00
Shareholders equity total236 487.00262 134.00271 919.0048 001.0032 601.00
Balance sheet total (assets)299 607.00337 346.00358 872.0064 535.0056 524.00
Net debt57 820.0068 812.0081 360.0011 026.0017 491.00
Profitability
EBIT-%-38.3 %-28.3 %
ROA7.5 %11.8 %4.1 %-0.0 %1.7 %
ROE9.4 %14.8 %5.2 %-0.3 %1.5 %
ROI7.5 %11.9 %4.1 %-0.0 %1.7 %
Economic value added (EVA)-15 122.70-15 621.81-18 070.98-18 172.34-2 412.98
Solvency
Equity ratio78.9 %77.7 %75.8 %74.4 %57.7 %
Gearing24.5 %26.3 %29.9 %23.0 %56.1 %
Relative net indebtedness %2274.8 %2706.7 %
Liquidity
Quick ratio0.00.20.42.70.2
Current ratio0.00.20.42.70.2
Cash and cash equivalents3.0017.00784.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1948.2 %-1996.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.71%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.