Gråkjær Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Gråkjær Holding A/S
Gråkjær Holding A/S (CVR number: 39527235K) is a company from HOLSTEBRO. The company reported a net sales of 463.2 mDKK in 2023, demonstrating a decline of -11.8 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 14.5 mDKK), while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. Gråkjær Holding A/S's liquidity measured by quick ratio was 14.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 575.41 | 438.54 | 482.10 | 524.99 | 463.25 |
Gross profit | 76.40 | 80.40 | 69.61 | 69.05 | 72.53 |
EBIT | 12.01 | 15.31 | 6.52 | 4.85 | 14.54 |
Net earnings | 8.54 | 13.94 | -47.75 | 0.67 | 11.65 |
Shareholders equity total | 59.32 | 73.27 | 31.57 | 32.24 | 43.83 |
Balance sheet total (assets) | 163.13 | 153.03 | 118.88 | 116.82 | 150.75 |
Net debt | 11.78 | -0.89 | |||
Profitability | |||||
EBIT-% | 2.1 % | 3.5 % | 1.4 % | 0.9 % | 3.1 % |
ROA | 6.6 % | 9.7 % | 4.8 % | 6.3 % | 14.5 % |
ROE | 15.5 % | 21.0 % | -91.1 % | 2.1 % | 30.6 % |
ROI | 10.0 % | 9.7 % | 4.8 % | 6.6 % | 15.9 % |
Economic value added (EVA) | 9.99 | 12.33 | 2.84 | 1.86 | 9.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 52.2 % | 69.2 % |
Gearing | 36.9 % | 3.2 % | |||
Relative net indebtedness % | 4.3 % | 2.4 % | |||
Liquidity | |||||
Quick ratio | 5.8 | 14.7 | |||
Current ratio | 5.8 | 14.7 | |||
Cash and cash equivalents | 0.11 | 2.29 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.3 | 71.1 | |||
Net working capital % | 17.7 % | 29.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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