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GRUNDE A/S

CVR number: 32673422
Hjørringvej 145 E, 9900 Frederikshavn

Credit rating

Company information

Official name
GRUNDE A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About the company

GRUNDE A/S (CVR number: 32673422) is a company from FREDERIKSHAVN. The company recorded a gross profit of 84.5 kDKK in 2022. The operating profit was 85.7 kDKK, while net earnings were -101.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.5 %, 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. GRUNDE A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit67.41265.231 379.30- 949.7284.48
EBIT47.14207.654 171.082 062.4485.70
Net earnings- 122.461 583.363 665.711 642.97- 101.34
Shareholders equity total1 524.433 107.786 773.498 416.478 315.13
Balance sheet total (assets)9 147.5211 541.5822 438.8818 604.9518 697.85
Net debt7 372.668 183.0712 523.9510 006.1110 192.78
Profitability
EBIT-%
ROA0.5 %2.0 %24.6 %10.0 %0.5 %
ROE-9.2 %68.4 %74.2 %21.6 %-1.2 %
ROI0.5 %2.0 %25.3 %10.3 %0.5 %
Economic value added (EVA)-25.1872.643 570.381 465.09- 521.23
Solvency
Equity ratio16.7 %26.9 %30.2 %45.2 %44.5 %
Gearing486.0 %264.5 %220.9 %118.9 %122.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.30.10.0
Current ratio0.41.01.40.10.0
Cash and cash equivalents36.0036.002 435.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.46%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Equity ratio:44.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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