GRAND EURO A/S — Credit Rating and Financial Key Figures

CVR number: 18693933
Hestbjergvej 6, Vind 7500 Holstebro
tel: 97430102
Free credit report Annual report

Company information

Official name
GRAND EURO A/S
Established
1995
Domicile
Vind
Company form
Limited company
Industry

About GRAND EURO A/S

GRAND EURO A/S (CVR number: 18693933) is a company from HERNING. The company recorded a gross profit of 64.8 kDKK in 2024. The operating profit was 20.7 kDKK, while net earnings were 171.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRAND EURO A/S's liquidity measured by quick ratio was 67.5 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 profit-57.0015.58-3.7137.9664.78
EBIT- 100.90-45.06-64.35-6.1620.66
Net earnings2 306.721 816.22745.52-34.66171.75
Shareholders equity total6 371.208 105.308 767.688 647.408 730.55
Balance sheet total (assets)9 086.058 802.319 363.828 993.828 783.05
Net debt1 820.94- 152.72- 107.94- 203.82- 560.31
Profitability
EBIT-%
ROA33.7 %20.9 %8.4 %-0.2 %2.0 %
ROE43.9 %25.1 %8.8 %-0.4 %2.0 %
ROI37.4 %22.8 %8.8 %-0.2 %2.0 %
Economic value added (EVA)- 295.91- 462.19- 452.98- 462.29- 429.99
Solvency
Equity ratio70.1 %92.1 %93.6 %96.1 %99.4 %
Gearing29.6 %4.0 %3.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.95.210.967.5
Current ratio0.42.05.210.967.5
Cash and cash equivalents67.30152.72457.64497.03560.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:1.97%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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