LOUIS NIELSEN GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 27511929
Indkildevej 2 A, 9210 Aalborg SØ

Credit rating

Company information

Official name
LOUIS NIELSEN GRINDSTED ApS
Personnel
8 persons
Established
2004
Company form
Private limited company
Industry

About LOUIS NIELSEN GRINDSTED ApS

LOUIS NIELSEN GRINDSTED ApS (CVR number: 27511929) is a company from AALBORG. The company recorded a gross profit of 4925.4 kDKK in 2024. The operating profit was 1604.4 kDKK, while net earnings were 1259.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 86.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. LOUIS NIELSEN GRINDSTED ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 219.344 871.394 654.274 454.504 925.43
EBIT1 036.152 428.141 716.241 492.441 604.43
Net earnings800.121 887.741 306.981 163.231 259.06
Shareholders equity total960.122 063.741 520.741 403.131 522.23
Balance sheet total (assets)2 425.544 265.343 694.003 407.493 432.14
Net debt-1 390.92331.09-72.56- 510.10- 803.99
Profitability
EBIT-%
ROA48.8 %72.6 %43.1 %42.9 %47.9 %
ROE99.0 %124.9 %72.9 %79.6 %86.1 %
ROI84.1 %94.8 %51.5 %56.1 %66.4 %
Economic value added (EVA)756.111 835.571 155.351 021.411 128.21
Solvency
Equity ratio43.5 %52.5 %43.6 %45.2 %48.4 %
Gearing33.3 %79.2 %90.2 %78.8 %59.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.21.41.61.5
Current ratio1.71.71.41.41.4
Cash and cash equivalents1 710.461 303.201 443.691 615.101 705.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:47.9%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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