GRINDSTED AUTOVÆRKSTED ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
GRINDSTED AUTOVÆRKSTED ApS
Personnel
4 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon953190

About GRINDSTED AUTOVÆRKSTED ApS

GRINDSTED AUTOVÆRKSTED ApS (CVR number: 10149665) is a company from AALBORG. The company recorded a gross profit of 1653.2 kDKK in 2024. The operating profit was 265 kDKK, while net earnings were 208.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 130.731 207.611 303.421 592.541 653.22
EBIT226.88243.78254.56446.70264.97
Net earnings177.49186.29191.00347.56208.22
Shareholders equity total524.05710.34551.35698.90557.13
Balance sheet total (assets)929.961 207.74994.821 249.511 068.03
Net debt- 288.88- 396.14- 453.45- 716.41- 511.17
Profitability
EBIT-%
ROA25.1 %22.8 %23.1 %39.8 %23.1 %
ROE40.8 %30.2 %30.3 %55.6 %33.2 %
ROI43.0 %35.5 %36.6 %68.7 %42.5 %
Economic value added (EVA)161.25180.73183.40345.97206.84
Solvency
Equity ratio56.4 %58.8 %55.4 %55.9 %52.2 %
Gearing11.3 %11.5 %8.9 %0.1 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.91.82.02.0
Current ratio2.02.22.02.22.3
Cash and cash equivalents347.94477.87502.41717.12515.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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