GRØNLUND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNLUND HOLDING A/S
GRØNLUND HOLDING A/S (CVR number: 20042842) is a company from MARIAGERFJORD. The company recorded a gross profit of 1105.5 kDKK in 2023. The operating profit was -648.7 kDKK, while net earnings were 2779.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRØNLUND HOLDING A/S's liquidity measured by quick ratio was 12 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 156.00 | 6 930.00 | 1 175.00 | 1 119.06 | 1 105.49 |
EBIT | 2 156.00 | 6 930.00 | 1 175.00 | -1 317.67 | - 648.67 |
Net earnings | 721.00 | 6 909.00 | -4 713.00 | 1 964.89 | 2 779.84 |
Shareholders equity total | 88 813.00 | 94 722.00 | 89 009.00 | 89 974.17 | 91 754.01 |
Balance sheet total (assets) | 129 866.00 | 122 389.00 | 110 626.00 | 111 128.51 | 112 870.15 |
Net debt | -10 384.44 | -5 740.43 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | 5.5 % | 1.0 % | 2.0 % | 3.0 % |
ROE | 0.8 % | 7.5 % | -5.1 % | 2.2 % | 3.1 % |
ROI | 1.7 % | 5.5 % | 1.0 % | 2.1 % | 3.1 % |
Economic value added (EVA) | -2 371.12 | 2 467.15 | -3 584.78 | -5 545.28 | -1 445.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 81.1 % | 81.4 % |
Gearing | 16.7 % | 16.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.8 | 12.0 | |||
Current ratio | 18.0 | 11.9 | |||
Cash and cash equivalents | 25 452.78 | 20 668.54 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | AA |
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