GRÜNER EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 13959773
Sommervej 31 C, Hasle 8210 Aarhus V

Credit rating

Company information

Official name
GRÜNER EJENDOMSSELSKAB A/S
Established
1990
Domicile
Hasle
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About GRÜNER EJENDOMSSELSKAB A/S

GRÜNER EJENDOMSSELSKAB A/S (CVR number: 13959773) is a company from AARHUS. The company recorded a gross profit of 568.4 kDKK in 2023. The operating profit was 492.7 kDKK, while net earnings were 553.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRÜNER EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 5.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15.6384.49164.07128.25568.37
EBIT-87.20-18.3461.2443.53492.75
Net earnings-82.57-16.1036.0348.82553.64
Shareholders equity total3 049.523 033.423 069.453 118.273 671.91
Balance sheet total (assets)3 446.163 495.053 519.063 692.534 177.74
Net debt- 519.48- 849.37- 972.44-1 639.81-2 426.59
Profitability
EBIT-%
ROA-2.3 %-0.3 %1.8 %1.3 %12.6 %
ROE-2.7 %-0.5 %1.2 %1.6 %16.3 %
ROI-2.7 %-0.4 %2.0 %1.5 %14.5 %
Economic value added (EVA)- 170.22- 141.42-61.96-52.08483.93
Solvency
Equity ratio88.5 %86.8 %87.2 %84.4 %87.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.22.22.63.45.1
Current ratio2.22.22.63.45.1
Cash and cash equivalents519.48849.37972.441 639.812 426.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:12.6%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.9%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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