GRØNBORG SOL A/S — Credit Rating and Financial Key Figures

CVR number: 27191940
Vadum Kirkevej 105, 9430 Vadum
tel: 98175733

Company information

Official name
GRØNBORG SOL A/S
Personnel
7 persons
Established
2003
Company form
Limited company
Industry

About GRØNBORG SOL A/S

GRØNBORG SOL A/S (CVR number: 27191940) is a company from AALBORG. The company recorded a gross profit of 6546.1 kDKK in 2023. The operating profit was 3351.9 kDKK, while net earnings were 2587.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 55.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. GRØNBORG SOL A/S's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 661.322 798.825 291.854 379.866 546.05
EBIT1 634.25273.632 342.261 438.113 351.93
Net earnings1 329.35221.761 786.211 101.882 587.61
Shareholders equity total3 924.862 817.274 603.483 919.155 406.76
Balance sheet total (assets)5 678.045 786.997 417.019 277.3112 866.04
Net debt- 342.391 850.30836.08- 167.51- 243.03
Profitability
EBIT-%
ROA32.7 %4.8 %35.8 %18.0 %30.9 %
ROE34.3 %6.6 %48.1 %25.9 %55.5 %
ROI39.7 %5.6 %42.9 %25.1 %47.1 %
Economic value added (EVA)1 143.91132.501 748.68944.922 562.14
Solvency
Equity ratio69.1 %48.7 %62.1 %42.2 %42.0 %
Gearing17.6 %73.2 %22.4 %50.7 %53.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.71.00.71.0
Current ratio3.11.62.41.61.6
Cash and cash equivalents1 033.57213.23193.342 154.823 126.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:30.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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