THE GRID ApS — Credit Rating and Financial Key Figures

CVR number: 29448353
Dronning Olgas Vej 23, 2000 Frederiksberg

Credit rating

Company information

Official name
THE GRID ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon18Printing and reproduction of recorded media

About THE GRID ApS

THE GRID ApS (CVR number: 29448353) is a company from FREDERIKSBERG. The company recorded a gross profit of 888.6 kDKK in 2024. The operating profit was 836.5 kDKK, while net earnings were 1002.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THE GRID ApS's liquidity measured by quick ratio was 41.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit834.51780.85918.91943.19888.58
EBIT782.43728.77866.83891.11836.50
Net earnings912.632 111.823 545.362 354.641 002.74
Shareholders equity total34 216.7335 876.7538 505.7139 943.9439 974.62
Balance sheet total (assets)41 072.4642 273.1344 520.8645 746.6247 384.89
Net debt3 776.843 253.823 613.303 265.753 002.93
Profitability
EBIT-%
ROA3.1 %5.9 %9.0 %6.3 %3.2 %
ROE2.7 %6.0 %9.5 %6.0 %2.5 %
ROI3.2 %6.0 %9.1 %6.3 %3.2 %
Economic value added (EVA)- 650.84- 724.51- 538.07-1 008.09-1 149.90
Solvency
Equity ratio83.3 %84.9 %86.5 %87.3 %84.4 %
Gearing12.3 %11.0 %9.8 %8.8 %14.0 %
Relative net indebtedness %
Liquidity
Quick ratio22.329.035.937.441.8
Current ratio22.328.235.937.441.8
Cash and cash equivalents428.61677.76166.37255.752 597.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.21%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.4%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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