Grif ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grif ApS
Grif ApS (CVR number: 39052172) is a company from KØBENHAVN. The company recorded a gross profit of 201.7 kDKK in 2023. The operating profit was -294.8 kDKK, while net earnings were -261.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -33 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -53.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Grif ApS's liquidity measured by quick ratio was 1.9 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 | 293.05 | 1 006.44 | 332.82 | 206.64 | 201.74 |
EBIT | - 340.06 | 461.60 | - 283.69 | - 399.29 | - 294.84 |
Net earnings | - 285.36 | 343.57 | - 237.28 | - 334.04 | - 261.45 |
Shareholders equity total | - 529.74 | - 186.16 | - 423.44 | - 757.48 | -1 018.93 |
Balance sheet total (assets) | 1 017.32 | 1 804.02 | 1 442.75 | 693.50 | 891.02 |
Net debt | 769.98 | 315.60 | 715.11 | 935.16 | 1 314.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -26.3 % | 26.1 % | -14.7 % | -24.1 % | -17.5 % |
ROE | -31.5 % | 24.4 % | -14.6 % | -31.3 % | -33.0 % |
ROI | -38.5 % | 47.1 % | -28.1 % | -38.5 % | -23.1 % |
Economic value added (EVA) | - 252.22 | 392.63 | - 184.56 | - 276.21 | - 188.18 |
Solvency | |||||
Equity ratio | -34.2 % | -9.4 % | -22.7 % | -52.2 % | -53.3 % |
Gearing | -171.9 % | -468.5 % | -235.5 % | -133.5 % | -150.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 1.5 | 1.0 | 1.9 |
Current ratio | 1.8 | 1.7 | 1.8 | 1.6 | 2.4 |
Cash and cash equivalents | 140.49 | 556.56 | 282.05 | 75.75 | 222.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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