Søstrene Grenes Holding ApS
Credit rating
Company information
About Søstrene Grenes Holding ApS
Søstrene Grenes Holding ApS (CVR number: 35140328K) is a company from AARHUS. The company reported a net sales of 2183.6 mDKK in 2023, demonstrating a growth of 21.6 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 224.8 mDKK), while net earnings were 166.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 37.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. Søstrene Grenes Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 049.28 | 1 215.90 | 1 688.98 | 1 795.14 | 2 183.56 |
Gross profit | 263.02 | 439.18 | 649.34 | 673.16 | 871.06 |
EBIT | -52.85 | 56.33 | 207.45 | 179.97 | 224.76 |
Net earnings | -59.38 | 34.39 | 164.96 | 142.54 | 166.19 |
Shareholders equity total | 209.79 | 211.29 | 391.71 | 394.41 | 507.04 |
Balance sheet total (assets) | 761.89 | 748.11 | 869.87 | 953.04 | 1 208.41 |
Net debt | 351.00 | 208.81 | 3.12 | 26.00 | 57.01 |
Profitability | |||||
EBIT-% | -5.0 % | 4.6 % | 12.3 % | 10.0 % | 10.3 % |
ROA | -6.6 % | 7.9 % | 27.1 % | 21.8 % | 21.8 % |
ROE | -24.4 % | 15.9 % | 55.4 % | 36.9 % | 37.4 % |
ROI | -8.5 % | 10.8 % | 41.2 % | 33.5 % | 33.6 % |
Economic value added (EVA) | -75.81 | 20.10 | 146.19 | 121.22 | 158.67 |
Solvency | |||||
Equity ratio | 27.5 % | 28.2 % | 45.0 % | 41.4 % | 42.0 % |
Gearing | 177.9 % | 126.1 % | 41.6 % | 48.0 % | 48.7 % |
Relative net indebtedness % | 49.5 % | 39.4 % | 18.8 % | 21.2 % | 22.5 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.9 | 1.2 | 1.5 | 1.4 | 1.2 |
Cash and cash equivalents | 22.32 | 57.69 | 159.90 | 163.33 | 189.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.1 | 6.5 | 5.0 | 5.2 | 1.9 |
Net working capital % | -4.8 % | 4.7 % | 10.4 % | 8.7 % | 5.6 % |
Credit risk | |||||
Credit rating | BBB | AA | AA | AAA | AA |
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