Grey Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 25977564
Rosenborggade 15, 1130 København K
tel: 33300100

Company information

Official name
Grey Danmark A/S
Personnel
103 persons
Established
2001
Company form
Limited company
Industry

About Grey Danmark A/S

Grey Danmark A/S (CVR number: 25977564) is a company from KØBENHAVN. The company reported a net sales of 155.1 mDKK in 2024, demonstrating a decline of -17.8 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 9 mDKK), while net earnings were 8491.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. Grey Danmark 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
2020
2021
2022
2023
2024
Volume
Net sales122.35131.67172.08188.73155.08
Gross profit48.0046.8880.4092.9984.23
EBIT2.953.478.6715.559.05
Net earnings3.722.266.8513.638.49
Shareholders equity total39.6441.9040.7754.4032.89
Balance sheet total (assets)74.7678.0394.20119.4278.72
Net debt4.095.4010.4914.1210.81
Profitability
EBIT-%2.4 %2.6 %5.0 %8.2 %5.8 %
ROA4.8 %4.6 %10.6 %16.5 %11.7 %
ROE9.8 %5.5 %16.6 %28.6 %19.5 %
ROI7.2 %7.4 %17.7 %28.3 %20.0 %
Economic value added (EVA)1.940.474.6310.074.30
Solvency
Equity ratio53.0 %53.7 %43.3 %45.6 %41.8 %
Gearing10.3 %12.9 %25.7 %25.9 %32.9 %
Relative net indebtedness %28.7 %27.4 %31.0 %34.5 %29.6 %
Liquidity
Quick ratio2.32.31.81.81.6
Current ratio2.32.31.81.81.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)86.467.575.086.386.7
Net working capital %33.5 %32.7 %23.8 %26.4 %17.9 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Chief executive officer

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