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Gredal ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Gredal ApS
Gredal ApS (CVR number: 37106348) is a company from BALLERUP. The company reported a net sales of 1.5 mDKK in 2024, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 1.4 mDKK), while net earnings were 1121 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.4 %, which can be considered excellent and Return on Equity (ROE) was 102 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Gredal ApS's liquidity measured by quick ratio was 2.8 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 | 388.01 | 1 033.08 | 1 384.41 | 1 554.83 | 1 496.32 |
| Gross profit | 415.54 | 952.63 | 1 285.66 | 1 276.21 | 1 459.06 |
| EBIT | 285.54 | 929.63 | 1 198.66 | 1 196.03 | 1 433.39 |
| Net earnings | 222.08 | 740.32 | 914.18 | 942.74 | 1 120.98 |
| Shareholders equity total | 262.08 | 780.32 | 1 094.50 | 1 037.24 | 1 161.22 |
| Balance sheet total (assets) | 498.25 | 1 116.20 | 1 596.58 | 1 442.26 | 1 823.80 |
| Net debt | 66.09 | - 447.64 | - 855.62 | 23.14 | -50.35 |
| Profitability | |||||
| EBIT-% | 73.6 % | 90.0 % | 86.6 % | 76.9 % | 95.8 % |
| ROA | 63.5 % | 115.2 % | 88.4 % | 78.7 % | 88.4 % |
| ROE | 79.5 % | 142.0 % | 97.5 % | 88.4 % | 102.0 % |
| ROI | 79.4 % | 140.1 % | 103.8 % | 90.8 % | 105.3 % |
| Economic value added (EVA) | 205.25 | 725.32 | 867.61 | 874.39 | 1 048.40 |
| Solvency | |||||
| Equity ratio | 52.6 % | 69.9 % | 68.6 % | 71.9 % | 63.7 % |
| Gearing | 44.5 % | 21.6 % | 24.4 % | 22.9 % | 26.6 % |
| Relative net indebtedness % | 47.8 % | -27.1 % | -44.8 % | 12.3 % | 20.3 % |
| Liquidity | |||||
| Quick ratio | 0.2 | 2.0 | 3.1 | 2.7 | 2.8 |
| Current ratio | 0.5 | 2.1 | 3.2 | 2.7 | 2.8 |
| Cash and cash equivalents | 50.55 | 615.92 | 1 122.16 | 214.10 | 359.20 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 20.6 | 117.5 | 210.0 | 135.8 | |
| Net working capital % | -33.0 % | 35.5 % | 79.1 % | 45.3 % | 77.6 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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