Dansk Grindsted ApS — Credit Rating and Financial Key Figures

CVR number: 41112786
Strøget 38, 7430 Ikast
info@sindico.dk

Credit rating

Company information

Official name
Dansk Grindsted ApS
Personnel
11 persons
Established
2020
Company form
Private limited company
Industry

About Dansk Grindsted ApS

Dansk Grindsted ApS (CVR number: 41112786) is a company from IKAST-BRANDE. The company recorded a gross profit of 2196.6 kDKK in 2024. The operating profit was 311.5 kDKK, while net earnings were 180.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. Dansk Grindsted ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 651.752 613.652 412.402 147.762 196.59
EBIT407.15787.71400.97474.71311.46
Net earnings292.36564.22274.56310.95180.05
Shareholders equity total342.36906.581 181.151 492.091 672.14
Balance sheet total (assets)3 522.983 996.004 079.914 088.593 753.30
Net debt2 410.371 717.022 018.471 823.481 083.74
Profitability
EBIT-%
ROA11.6 %21.1 %10.4 %11.8 %8.0 %
ROE85.4 %90.4 %26.3 %23.3 %11.4 %
ROI16.3 %30.8 %14.2 %14.6 %10.1 %
Economic value added (EVA)317.73473.12178.14206.9373.44
Solvency
Equity ratio17.7 %29.7 %35.9 %40.8 %49.3 %
Gearing708.3 %190.8 %172.3 %122.7 %65.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.10.3
Current ratio1.31.72.12.02.7
Cash and cash equivalents14.5712.9417.096.717.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.95%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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