GRUMSENS MASKINFABRIK A/S

CVR number: 15902442
Morsøgade 5, 6700 Esbjerg
grumsen@grumsen.dk
tel: 75125422

Credit rating

Company information

Official name
GRUMSENS MASKINFABRIK A/S
Personnel
50 persons
Established
1992
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About GRUMSENS MASKINFABRIK A/S

GRUMSENS MASKINFABRIK A/S (CVR number: 15902442) is a company from ESBJERG. The company recorded a gross profit of 25.7 mDKK in 2023. The operating profit was 658.5 kDKK, while net earnings were 388.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GRUMSENS MASKINFABRIK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit23 465.4519 603.9721 305.4622 858.5625 737.95
EBIT1 061.69102.54463.73456.83658.52
Net earnings820.7990.27327.92266.94388.46
Shareholders equity total6 112.646 202.916 530.836 797.777 186.23
Balance sheet total (assets)14 817.0013 777.0020 217.3418 595.4719 706.04
Net debt3 539.343 814.916 880.674 772.594 723.20
Profitability
EBIT-%
ROA8.6 %1.2 %2.8 %2.4 %3.5 %
ROE14.4 %1.5 %5.2 %4.0 %5.6 %
ROI12.9 %1.7 %3.9 %3.5 %5.6 %
Economic value added (EVA)553.92- 228.1049.1523.01168.03
Solvency
Equity ratio41.6 %46.0 %36.6 %41.7 %38.9 %
Gearing57.9 %61.5 %105.4 %70.2 %65.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.91.10.91.1
Current ratio1.31.01.11.31.4
Cash and cash equivalents0.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.53%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.