KGH HOLDING, GRINDSTED A/S — Credit Rating and Financial Key Figures

CVR number: 29176647
Odinsvej 8, 7200 Grindsted
tel: 70157020

Credit rating

Company information

Official name
KGH HOLDING, GRINDSTED A/S
Personnel
3 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon642120

About KGH HOLDING, GRINDSTED A/S

KGH HOLDING, GRINDSTED A/S (CVR number: 29176647K) is a company from BILLUND. The company reported a net sales of 2498.6 mDKK in 2024, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 66.5 mDKK), while net earnings were 121.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.5 %, 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. KGH HOLDING, GRINDSTED A/S's liquidity measured by quick ratio was 1.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 704.231 676.701 988.692 155.652 498.62
Gross profit1 704.231 676.701 988.69152.93162.14
EBIT1 704.231 676.701 988.6967.4166.48
Net earnings73.06117.58-93.77117.18121.07
Shareholders equity total492.49605.27407.50522.15492.35
Balance sheet total (assets)982.601 083.11949.031 125.401 218.67
Net debt- 207.18-50.41
Profitability
EBIT-%100.0 %100.0 %100.0 %3.1 %2.7 %
ROA178.8 %162.3 %195.7 %14.9 %14.2 %
ROE15.9 %21.4 %-18.5 %25.7 %25.0 %
ROI178.8 %162.3 %195.7 %19.2 %23.4 %
Economic value added (EVA)1 682.861 651.951 958.2832.0741.32
Solvency
Equity ratio85.9 %95.0 %94.2 %54.4 %53.5 %
Gearing17.3 %40.0 %
Relative net indebtedness %12.1 %16.2 %
Liquidity
Quick ratio1.41.4
Current ratio1.41.4
Cash and cash equivalents297.65247.41
Capital use efficiency
Trade debtors turnover (days)51.036.5
Net working capital %32.4 %30.6 %25.4 %9.3 %8.5 %
Credit risk
Credit ratingBBBBBBBBAAAA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board

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