GRØNNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27685242
Munke Mose Allé 2, 5000 Odense C
ulrich.gronning@gmail.com
tel: 20432726

Company information

Official name
GRØNNING HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About GRØNNING HOLDING ApS

GRØNNING HOLDING ApS (CVR number: 27685242) is a company from ODENSE. The company recorded a gross profit of -45 kDKK in 2023. The operating profit was -45 kDKK, while net earnings were 933.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRØNNING HOLDING ApS's liquidity measured by quick ratio was 192.8 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 profit-49.22- 111.21- 214.24- 109.65-45.04
EBIT-49.22- 111.21- 214.24- 109.65-45.04
Net earnings1 240.48906.21499.00547.06933.36
Shareholders equity total14 333.2214 239.4314 438.4214 685.4914 618.85
Balance sheet total (assets)14 373.5615 051.4015 296.0916 070.5314 686.93
Net debt-12 995.98-13 437.27-13 215.98-14 010.37-13 018.78
Profitability
EBIT-%
ROA10.7 %9.6 %15.1 %11.2 %8.0 %
ROE8.7 %6.3 %3.5 %3.8 %6.4 %
ROI13.4 %12.4 %32.1 %11.8 %8.7 %
Economic value added (EVA)-80.49- 144.97- 163.88- 174.75-49.61
Solvency
Equity ratio99.7 %94.6 %94.4 %91.4 %99.5 %
Gearing0.1 %3.8 %2.3 %2.5 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio329.017.315.810.5192.8
Current ratio329.017.315.810.5192.8
Cash and cash equivalents13 014.8413 977.5413 554.3914 380.9113 068.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.02%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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