Grøngaard ApS — Credit Rating and Financial Key Figures

CVR number: 16602973
Ellemarksvej 17, 8000 Aarhus C

Credit rating

Company information

Official name
Grøngaard ApS
Established
1992
Company form
Private limited company
Industry

About Grøngaard ApS

Grøngaard ApS (CVR number: 16602973) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were 1816.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Grøngaard ApS's liquidity measured by quick ratio was 41.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-86.51-97.61- 112.981 550.010.05
EBIT- 170.63- 165.76- 160.321 503.850.05
Net earnings478.062 202.24-2 440.083 579.811 816.69
Shareholders equity total23 208.6124 110.8520 870.7820 050.5920 867.28
Balance sheet total (assets)23 379.9524 843.9721 375.0620 327.9621 378.12
Net debt-22 167.47-23 616.05-18 978.00-20 037.12-21 197.03
Profitability
EBIT-%
ROA3.1 %11.8 %0.8 %22.0 %11.3 %
ROE2.1 %9.3 %-10.8 %17.5 %8.9 %
ROI3.1 %11.9 %0.8 %22.0 %11.4 %
Economic value added (EVA)- 189.89- 177.01- 143.601 114.1811.89
Solvency
Equity ratio99.3 %97.0 %97.6 %98.6 %97.6 %
Gearing0.4 %0.5 %2.3 %1.2 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio131.532.840.673.341.8
Current ratio131.532.840.673.341.8
Cash and cash equivalents22 258.9123 748.3319 454.2820 286.4921 336.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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