BIG WORLD GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 34720924
Otto Frellos Plads 2, 6800 Varde

Credit rating

Company information

Official name
BIG WORLD GRINDSTED ApS
Personnel
6 persons
Established
2012
Company form
Private limited company
Industry

About BIG WORLD GRINDSTED ApS

BIG WORLD GRINDSTED ApS (CVR number: 34720924) is a company from VARDE. The company recorded a gross profit of 1895.3 kDKK in 2023. The operating profit was 116.2 kDKK, while net earnings were 133.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. BIG WORLD GRINDSTED ApS's liquidity measured by quick ratio was 1.6 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 profit2 281.001 372.001 872.002 233.001 895.26
EBIT516.00- 148.00370.00371.00116.23
Net earnings457.00-99.00319.00326.00133.82
Shareholders equity total1 143.00545.00864.001 190.00623.76
Balance sheet total (assets)1 774.001 356.001 917.001 780.001 190.90
Net debt- 187.00-72.00- 119.00- 230.00- 194.88
Profitability
EBIT-%
ROA34.2 %-6.5 %25.1 %22.7 %11.6 %
ROE39.2 %-11.7 %45.3 %31.7 %14.8 %
ROI50.4 %-11.9 %58.2 %40.9 %18.9 %
Economic value added (EVA)349.90- 191.38264.81251.9142.42
Solvency
Equity ratio64.4 %40.2 %45.1 %66.9 %52.4 %
Gearing0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.31.52.61.6
Current ratio2.71.31.62.61.8
Cash and cash equivalents193.0072.00119.00230.00194.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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