GRØNGAS PARTNER A/S — Credit Rating and Financial Key Figures

CVR number: 35384472
Grøngasvej 13, Grønnerup 9760 Vrå
info@grongas.dk
tel: 52266000
www.grongas.dk

Credit rating

Company information

Official name
GRØNGAS PARTNER A/S
Established
2013
Domicile
Grønnerup
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GRØNGAS PARTNER A/S

GRØNGAS PARTNER A/S (CVR number: 35384472) is a company from HJØRRING. The company recorded a gross profit of 1521.9 kDKK in 2023. The operating profit was -812.8 kDKK, while net earnings were -4980.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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. GRØNGAS PARTNER A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit477.064 182.663 216.105 019.331 521.94
EBIT-97.052 728.171 632.623 068.66- 812.79
Net earnings754.055 806.5433 713.3461 742.97-4 980.18
Shareholders equity total74 559.4376 365.9792 079.31208 962.28167 982.10
Balance sheet total (assets)83 739.1286 369.66111 938.58292 116.42298 001.02
Net debt8 531.467 939.9019 127.9540 339.3690 124.99
Profitability
EBIT-%
ROA0.9 %7.8 %34.5 %31.4 %-0.7 %
ROE1.0 %7.7 %40.0 %41.0 %-2.6 %
ROI0.9 %7.9 %34.9 %35.1 %-0.9 %
Economic value added (EVA)800.263 364.822 103.522 781.856 699.84
Solvency
Equity ratio89.0 %88.4 %82.3 %71.5 %56.4 %
Gearing11.5 %10.5 %21.1 %19.4 %53.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.61.00.9
Current ratio0.50.40.61.00.9
Cash and cash equivalents54.7096.88325.77237.7344.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-0.74%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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