GR8 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28125208
Mannehøj 19, 6600 Vejen

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 0.5 mDKK in 2023, demonstrating a growth of 97.3 % compared to the previous year. The operating profit percentage was at 95.6 % (EBIT: 0.5 mDKK), while net earnings were 485.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.3 %, 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 18.2 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
2019
2020
2021
2022
2023
Volume
Net sales517.62477.54484.39240.78475.13
Gross profit503.17462.44468.47224.03454.39
EBIT503.17462.44468.47224.03454.39
Net earnings504.71459.51461.68225.93485.83
Shareholders equity total1 734.892 083.792 432.482 544.012 912.03
Balance sheet total (assets)1 884.502 202.952 506.882 583.403 024.61
Net debt- 704.03- 942.80-1 130.26-1 159.56-1 426.93
Profitability
EBIT-%97.2 %96.8 %96.7 %93.0 %95.6 %
ROA28.8 %22.6 %19.9 %9.3 %17.2 %
ROE32.8 %24.1 %20.4 %9.1 %17.8 %
ROI30.6 %24.2 %20.7 %9.5 %17.7 %
Economic value added (EVA)508.99466.42465.76205.31425.00
Solvency
Equity ratio92.1 %94.6 %97.0 %98.5 %96.3 %
Gearing
Relative net indebtedness %-107.1 %-172.5 %-218.0 %-467.3 %-276.6 %
Liquidity
Quick ratio5.810.320.553.518.2
Current ratio5.810.320.553.518.2
Cash and cash equivalents704.03942.801 130.261 159.561 426.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %138.6 %231.7 %299.0 %751.0 %407.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.2%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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