GRØNNING HÅRDT TRÆ A/S — Credit Rating and Financial Key Figures

CVR number: 35024999
Toftegårdsvej 38, 8370 Hadsten

Company information

Official name
GRØNNING HÅRDT TRÆ A/S
Personnel
7 persons
Established
2013
Company form
Limited company
Industry

About GRØNNING HÅRDT TRÆ A/S

GRØNNING HÅRDT TRÆ A/S (CVR number: 35024999) is a company from FAVRSKOV. The company recorded a gross profit of 6825.7 kDKK in 2023. The operating profit was 3751.9 kDKK, while net earnings were 2921.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 50.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GRØNNING HÅRDT TRÆ A/S's liquidity measured by quick ratio was 3.3 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 profit5 931.197 257.948 432.187 442.046 825.71
EBIT1 982.422 455.742 718.363 773.513 751.87
Net earnings1 542.011 898.672 098.032 932.692 921.91
Shareholders equity total4 311.174 709.854 907.885 740.575 762.48
Balance sheet total (assets)7 236.936 882.267 219.837 984.067 636.28
Net debt-3 253.53-3 377.82-2 424.19-4 422.09-4 786.47
Profitability
EBIT-%
ROA30.4 %34.8 %38.7 %49.7 %48.0 %
ROE37.7 %42.1 %43.6 %55.1 %50.8 %
ROI48.4 %54.5 %56.7 %70.9 %65.2 %
Economic value added (EVA)1 450.561 861.692 052.622 817.122 856.63
Solvency
Equity ratio59.6 %68.4 %68.0 %71.9 %75.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.72.32.12.83.3
Current ratio2.43.13.13.54.1
Cash and cash equivalents3 253.533 377.822 424.194 422.094 786.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:48.0%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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