GRØNNING SANDE SKOV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNNING SANDE SKOV ApS
GRØNNING SANDE SKOV ApS (CVR number: 31578183) is a company from SKIVE. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a growth of 140.4 % compared to the previous year. The operating profit percentage was poor at -8.7 % (EBIT: -0 mDKK), while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRØNNING SANDE SKOV ApS's liquidity measured by quick ratio was 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 349.57 | 2 027.69 | 747.72 | 173.27 | 416.60 |
| Gross profit | 948.58 | 763.57 | 53.39 | 257.00 | 84.22 |
| EBIT | 476.66 | 312.72 | 21.06 | 227.33 | -36.06 |
| Net earnings | 377.72 | 249.33 | 12.40 | 203.79 | -6.33 |
| Shareholders equity total | 11 280.24 | 11 529.57 | 11 541.97 | 11 745.77 | 11 739.44 |
| Balance sheet total (assets) | 11 647.72 | 11 857.64 | 11 743.06 | 11 988.07 | 12 030.39 |
| Net debt | - 607.59 | -1 378.44 | -14.23 | -1 510.41 | - 902.21 |
| Profitability | |||||
| EBIT-% | 14.2 % | 15.4 % | 2.8 % | 131.2 % | -8.7 % |
| ROA | 4.3 % | 2.7 % | 0.2 % | 2.2 % | -0.0 % |
| ROE | 3.4 % | 2.2 % | 0.1 % | 1.8 % | -0.1 % |
| ROI | 4.4 % | 2.8 % | 0.2 % | 2.2 % | -0.0 % |
| Economic value added (EVA) | - 176.59 | - 327.36 | - 568.18 | - 411.41 | - 625.94 |
| Solvency | |||||
| Equity ratio | 96.8 % | 97.2 % | 98.3 % | 98.0 % | 97.6 % |
| Gearing | 0.5 % | 0.3 % | 1.1 % | ||
| Relative net indebtedness % | -9.9 % | -56.7 % | 0.6 % | -800.2 % | -195.2 % |
| Liquidity | |||||
| Quick ratio | 2.4 | 7.1 | 5.4 | 29.3 | 6.0 |
| Current ratio | 7.6 | 11.9 | 36.7 | 60.0 | 18.4 |
| Cash and cash equivalents | 607.59 | 1 378.44 | 67.29 | 1 539.92 | 1 034.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 1.1 | 41.0 | 109.5 | 10.1 | |
| Net working capital % | 54.4 % | 123.5 % | 343.9 % | 1920.7 % | 848.2 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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