GRIB-NUET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRIB-NUET ApS
GRIB-NUET ApS (CVR number: 29692998) is a company from MIDDELFART. The company reported a net sales of 0.1 mDKK in 2018, demonstrating a decline of -71.2 % compared to the previous year. The operating profit percentage was poor at -5.9 % (EBIT: -0 mDKK), while net earnings were -28.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59 %, 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. GRIB-NUET ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 015.12 | 324.73 | 93.40 | 
| Gross profit | 755.06 | 171.39 | -5.50 | 
| EBIT | 334.24 | 130.63 | -5.50 | 
| Net earnings | 234.47 | 77.88 | -28.70 | 
| Shareholders equity total | 392.29 | 470.17 | 441.47 | 
| Balance sheet total (assets) | 1 815.54 | 2 156.65 | 2 205.07 | 
| Net debt | 1 231.57 | 1 355.80 | 1 707.48 | 
| Profitability | |||
| EBIT-% | 32.9 % | 40.2 % | -5.9 % | 
| ROA | 16.7 % | 5.0 % | -1.3 % | 
| ROE | 59.8 % | 18.1 % | -6.3 % | 
| ROI | 18.6 % | 5.4 % | -1.3 % | 
| Economic value added (EVA) | 259.16 | 64.15 | -47.58 | 
| Solvency | |||
| Equity ratio | 67.9 % | 55.2 % | 59.0 % | 
| Gearing | 314.0 % | 343.3 % | 391.8 % | 
| Relative net indebtedness % | 140.2 % | 439.8 % | 1864.4 % | 
| Liquidity | |||
| Quick ratio | 2.5 | 22.9 | 1.2 | 
| Current ratio | 2.5 | 22.9 | 1.2 | 
| Cash and cash equivalents | 0.40 | 258.44 | 22.26 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | 75.1 | 0.7 | |
| Net working capital % | 12.2 % | 76.3 % | 4.3 % | 
| Credit risk | |||
| Credit rating | BBB | A | BBB | 
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