M. GRUNNET HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35046062
Højbro Plads 6, 1200 København K

Credit rating

Company information

Official name
M. GRUNNET HOLDING A/S
Established
2013
Company form
Limited company
Industry

About M. GRUNNET HOLDING A/S

M. GRUNNET HOLDING A/S (CVR number: 35046062K) is a company from KØBENHAVN. The company reported a net sales of 715.8 mDKK in 2024, demonstrating a growth of 18.8 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 54.2 mDKK), while net earnings were 405.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. GRUNNET HOLDING A/S's liquidity measured by quick ratio was 3.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales474.02546.62668.40602.55715.84
Gross profit175.61203.64234.36228.38250.11
EBIT6.1043.8166.2159.6954.22
Net earnings75.81185.2664.75127.64405.42
Shareholders equity total757.31943.74996.961 110.401 476.02
Balance sheet total (assets)1 002.101 232.171 275.961 357.671 734.98
Net debt- 256.65- 472.05
Profitability
EBIT-%1.3 %8.0 %9.9 %9.9 %7.6 %
ROA0.6 %3.9 %5.3 %12.2 %29.5 %
ROE10.5 %21.8 %6.7 %12.1 %31.4 %
ROI0.6 %3.9 %5.3 %12.8 %32.1 %
Economic value added (EVA)-28.675.7618.79-6.80-25.33
Solvency
Equity ratio100.0 %100.0 %100.0 %81.9 %85.3 %
Gearing10.7 %7.5 %
Relative net indebtedness %-21.6 %-45.7 %
Liquidity
Quick ratio2.43.4
Current ratio2.83.9
Cash and cash equivalents375.03582.32
Capital use efficiency
Trade debtors turnover (days)55.772.6
Net working capital %7.7 %16.9 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.3%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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