GRINDSTED AUTOVÆRKSTED ApS

CVR number: 10149665
Uggerhalnevej 43, 9310 Vodskov
tel: 98286145

Credit rating

Company information

Official name
GRINDSTED AUTOVÆRKSTED ApS
Personnel
3 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About GRINDSTED AUTOVÆRKSTED ApS

GRINDSTED AUTOVÆRKSTED ApS (CVR number: 10149665) is a company from AALBORG. The company recorded a gross profit of 1617.5 kDKK in 2023. The operating profit was 446.7 kDKK, while net earnings were 347.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent and Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GRINDSTED AUTOVÆRKSTED ApS's liquidity measured by quick ratio was 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 332.671 130.731 207.611 303.421 617.49
EBIT107.51226.88243.78254.56446.70
Net earnings77.93177.49186.29191.00347.56
Shareholders equity total346.57524.05710.34551.35698.90
Balance sheet total (assets)879.73929.961 207.74994.821 249.26
Net debt124.20- 288.88- 396.14- 453.45- 717.12
Profitability
EBIT-%
ROA10.9 %25.1 %22.8 %23.1 %39.8 %
ROE25.3 %40.8 %30.2 %30.3 %55.6 %
ROI18.9 %43.0 %35.5 %36.6 %68.8 %
Economic value added (EVA)72.98161.25180.73183.40345.97
Solvency
Equity ratio39.4 %56.4 %58.8 %55.4 %55.9 %
Gearing36.3 %11.3 %11.5 %8.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.41.91.82.0
Current ratio1.32.02.22.02.1
Cash and cash equivalents1.74347.94477.87502.41717.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:39.8%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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