D. GRUNNET HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About D. GRUNNET HOLDING A/S
D. GRUNNET HOLDING A/S (CVR number: 35046089) is a company from KØBENHAVN. The company recorded a gross profit of -16.4 kDKK in 2023. The operating profit was -16.4 kDKK, while net earnings were 39.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. D. GRUNNET HOLDING A/S's liquidity measured by quick ratio was 35.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8.84 | 7.76 | -13.92 | -18.72 | -16.42 |
EBIT | 8.84 | 7.76 | -13.92 | -18.72 | -16.42 |
Net earnings | 41 875.38 | 46 315.31 | 81 505.53 | -1 370.72 | 39 623.39 |
Shareholders equity total | 300 455.97 | 345 167.40 | 427 266.55 | 422 947.20 | 463 935.22 |
Balance sheet total (assets) | 300 843.36 | 345 453.06 | 428 613.52 | 423 904.91 | 465 025.02 |
Net debt | -13 833.40 | -14 842.70 | -28 595.19 | -24 026.16 | -30 437.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 14.4 % | 21.4 % | 0.4 % | 9.3 % |
ROE | 15.0 % | 14.3 % | 21.1 % | -0.3 % | 8.9 % |
ROI | 15.3 % | 14.5 % | 21.5 % | 0.4 % | 9.4 % |
Economic value added (EVA) | 4 607.29 | 6 634.90 | 8 803.82 | 12 341.07 | 12 184.86 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 99.7 % | 99.8 % | 99.8 % |
Gearing | 0.2 % | 0.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 35.7 | 52.0 | 21.2 | 26.9 | 35.5 |
Current ratio | 35.7 | 52.0 | 21.2 | 26.9 | 35.5 |
Cash and cash equivalents | 13 833.40 | 14 842.70 | 28 595.19 | 24 929.78 | 31 201.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AAA |
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