GINNERUP A/S — Credit Rating and Financial Key Figures

CVR number: 56389814
Ulvevej 26, 7800 Skive
tel: 97512535

Company information

Official name
GINNERUP A/S
Personnel
116 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 74.8 mDKK in 2023. The operating profit was 21.8 mDKK, while net earnings were 27.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.1 %, 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 4.1 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 profit77 722.0074 800.00
EBIT15 225.0021 102.0017 553.0022 035.0021 825.00
Net earnings11 026.0025 844.0016 858.0015 883.0027 624.00
Shareholders equity total27 430.0033 274.0040 132.0046 015.0058 639.00
Balance sheet total (assets)66 991.0087 816.0079 058.00105 478.00120 266.00
Net debt-57 043.00-94 081.00
Profitability
EBIT-%
ROA26.4 %27.3 %21.0 %26.8 %31.8 %
ROE44.3 %85.1 %45.9 %36.9 %52.8 %
ROI32.5 %27.3 %21.0 %34.7 %51.3 %
Economic value added (EVA)15 161.9119 723.6415 880.9815 162.0817 545.11
Solvency
Equity ratio100.0 %100.0 %100.0 %46.3 %56.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.84.1
Current ratio2.42.6
Cash and cash equivalents57 043.0094 081.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAAAA

Variable visualization

ROA:31.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.1%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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