GR8 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28125208
Mannehøj 19, 6600 Vejen

Credit rating

Company information

Official name
GR8 HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About GR8 HOLDING ApS

GR8 HOLDING ApS (CVR number: 28125208) is a company from VEJEN. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -29.8 % compared to the previous year. The operating profit percentage was at 94.7 % (EBIT: 0.3 mDKK), while net earnings were 361.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GR8 HOLDING ApS's liquidity measured by quick ratio was 16.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales477.54484.39240.78475.00333.56
Gross profit462.44468.47224.03455.00315.84
EBIT462.44468.47224.03455.00315.84
Net earnings459.51461.68225.93486.00361.47
Shareholders equity total2 083.792 432.482 544.012 912.003 065.50
Balance sheet total (assets)2 202.952 506.882 583.403 025.003 207.59
Net debt- 942.80-1 130.26-1 159.56-1 427.00-1 568.74
Profitability
EBIT-%96.8 %96.7 %93.0 %95.8 %94.7 %
ROA22.6 %19.9 %9.3 %17.3 %12.2 %
ROE24.1 %20.4 %9.1 %17.8 %12.1 %
ROI24.2 %20.7 %9.5 %17.7 %12.8 %
Economic value added (EVA)379.91369.2799.05329.74161.42
Solvency
Equity ratio94.6 %97.0 %98.5 %96.3 %95.6 %
Gearing
Relative net indebtedness %-172.5 %-218.0 %-467.3 %-276.6 %-427.7 %
Liquidity
Quick ratio10.320.553.518.116.7
Current ratio10.320.553.518.116.7
Cash and cash equivalents942.801 130.261 159.561 427.001 568.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %231.7 %299.0 %751.0 %407.8 %669.1 %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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