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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 2448.9 mDKK in 2025, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 37.3 mDKK), while net earnings were 75.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KGH HOLDING, GRINDSTED 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 676.70 | 1 988.69 | 2 155.65 | 2 498.62 | 2 448.95 |
| Gross profit | 1 676.70 | 1 988.69 | 2 155.65 | 162.14 | 128.59 |
| EBIT | 31.98 | -48.02 | 71.65 | 70.64 | 37.26 |
| Net earnings | 117.58 | -93.77 | 117.18 | 121.07 | 75.39 |
| Shareholders equity total | 522.15 | 492.35 | 567.73 | ||
| Balance sheet total (assets) | 1 083.11 | 949.03 | 1 125.40 | 1 218.67 | 1 125.71 |
| Net debt | -50.41 | -52.42 | |||
| Profitability | |||||
| EBIT-% | 1.9 % | -2.4 % | 3.3 % | 2.8 % | 1.5 % |
| ROA | 3.1 % | -4.7 % | 6.9 % | 14.5 % | 9.7 % |
| ROE | 44.8 % | -329.9 % | 42.8 % | 24.5 % | 14.9 % |
| ROI | 3.1 % | -4.7 % | 6.9 % | 18.0 % | 14.6 % |
| Economic value added (EVA) | -3.99 | -38.95 | 54.97 | 26.40 | -9.36 |
| Solvency | |||||
| Equity ratio | 92.0 % | 53.5 % | 64.6 % | ||
| Gearing | 40.0 % | 28.2 % | |||
| Relative net indebtedness % | 16.2 % | 11.5 % | |||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.6 | |||
| Current ratio | 1.4 | 1.6 | |||
| Cash and cash equivalents | 247.41 | 212.42 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 36.5 | 23.6 | |||
| Net working capital % | 30.6 % | 25.4 % | 31.0 % | 8.5 % | 8.8 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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