GINNERUP A/S — Credit Rating and Financial Key Figures

CVR number: 56389814
Ulvevej 26, 7800 Skive
tel: 97512535
Free credit report Annual report

Credit rating

Company information

Official name
GINNERUP A/S
Personnel
126 persons
Established
1976
Company form
Limited company
Industry

About GINNERUP A/S

GINNERUP A/S (CVR number: 56389814) is a company from SKIVE. The company recorded a gross profit of 86.9 mDKK in 2024. The operating profit was 34 mDKK, while net earnings were 23.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. GINNERUP A/S's liquidity measured by quick ratio was 3.2 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 profit74 800.0086 915.00
EBIT21 102.0017 553.0022 035.0021 825.0034 048.00
Net earnings25 844.0016 858.0015 883.0027 624.0023 535.00
Shareholders equity total33 274.0040 132.0046 015.0058 639.0057 174.00
Balance sheet total (assets)87 816.0079 058.00105 478.00120 266.00130 892.00
Net debt-94 081.00- 102 927.00
Profitability
EBIT-%
ROA27.3 %21.0 %23.9 %31.8 %30.8 %
ROE85.1 %45.9 %36.9 %52.8 %40.6 %
ROI27.3 %21.0 %23.9 %39.5 %50.6 %
Economic value added (EVA)19 723.6415 880.9820 018.3714 677.8522 598.77
Solvency
Equity ratio100.0 %100.0 %100.0 %56.1 %49.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.13.2
Current ratio2.62.3
Cash and cash equivalents94 081.00102 927.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:30.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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