KGH HOLDING, GRINDSTED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 704.23 | 1 676.70 | 1 988.69 | 2 155.65 | 2 498.62 |
Gross profit | 1 704.23 | 1 676.70 | 1 988.69 | 152.93 | 162.14 |
EBIT | 1 704.23 | 1 676.70 | 1 988.69 | 67.41 | 66.48 |
Net earnings | 73.06 | 117.58 | -93.77 | 117.18 | 121.07 |
Shareholders equity total | 492.49 | 605.27 | 407.50 | 522.15 | 492.35 |
Balance sheet total (assets) | 982.60 | 1 083.11 | 949.03 | 1 125.40 | 1 218.67 |
Net debt | - 207.18 | -50.41 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 3.1 % | 2.7 % |
ROA | 178.8 % | 162.3 % | 195.7 % | 14.9 % | 14.2 % |
ROE | 15.9 % | 21.4 % | -18.5 % | 25.7 % | 25.0 % |
ROI | 178.8 % | 162.3 % | 195.7 % | 19.2 % | 23.4 % |
Economic value added (EVA) | 1 682.86 | 1 651.95 | 1 958.28 | 32.07 | 41.32 |
Solvency | |||||
Equity ratio | 85.9 % | 95.0 % | 94.2 % | 54.4 % | 53.5 % |
Gearing | 17.3 % | 40.0 % | |||
Relative net indebtedness % | 12.1 % | 16.2 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | |||
Current ratio | 1.4 | 1.4 | |||
Cash and cash equivalents | 297.65 | 247.41 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.0 | 36.5 | |||
Net working capital % | 32.4 % | 30.6 % | 25.4 % | 9.3 % | 8.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | A | AAA |
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