GRUNDVAD MASKINHANDEL HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRUNDVAD MASKINHANDEL HOLDING A/S
GRUNDVAD MASKINHANDEL HOLDING A/S (CVR number: 27479383) is a company from VIBORG. The company recorded a gross profit of -30 kDKK in 2024. The operating profit was -30 kDKK, while net earnings were 1498.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRUNDVAD MASKINHANDEL HOLDING A/S's liquidity measured by quick ratio was 1326.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.63 | -7.50 | 548.29 | -15.00 | -30.00 |
| EBIT | -6.63 | -7.50 | 548.29 | -15.00 | -30.00 |
| Net earnings | 2 457.82 | 1 366.85 | 2 356.12 | 1 856.86 | 1 498.66 |
| Shareholders equity total | 21 302.00 | 22 555.85 | 24 797.57 | 26 536.63 | 27 913.29 |
| Balance sheet total (assets) | 22 536.57 | 22 952.67 | 25 397.24 | 27 039.80 | 28 207.82 |
| Net debt | -10 241.41 | -10 262.53 | -11 006.18 | -14 055.21 | -13 961.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.8 % | 7.5 % | 11.0 % | 8.6 % | 7.0 % |
| ROE | 12.2 % | 6.2 % | 10.0 % | 7.2 % | 5.5 % |
| ROI | 13.1 % | 7.7 % | 11.3 % | 8.8 % | 7.1 % |
| Economic value added (EVA) | -1 038.41 | -1 102.99 | - 601.68 | -1 257.78 | -1 356.79 |
| Solvency | |||||
| Equity ratio | 94.5 % | 98.3 % | 97.6 % | 98.1 % | 99.0 % |
| Gearing | 2.5 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 21.0 | 2 270.9 | 237.8 | 2 147.5 | 1 326.2 |
| Current ratio | 21.0 | 2 270.9 | 237.8 | 2 147.5 | 1 326.2 |
| Cash and cash equivalents | 10 773.03 | 10 262.53 | 11 006.18 | 14 055.21 | 13 961.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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