GRUNDET RINGVEJ VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 33376502
Fabriksparken 33, 2600 Glostrup
of@hoffmann.dk
tel: 43299000

Company information

Official name
GRUNDET RINGVEJ VEJLE ApS
Established
2010
Company form
Private limited company
Industry

About GRUNDET RINGVEJ VEJLE ApS

GRUNDET RINGVEJ VEJLE ApS (CVR number: 33376502) is a company from ALBERTSLUND. The company reported a net sales of 1.8 mDKK in 2018, demonstrating a decline of -30.1 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 0.1 mDKK), while net earnings were 269.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRUNDET RINGVEJ VEJLE ApS's liquidity measured by quick ratio was 33.1 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales2 231.202 628.001 836.00
Gross profit93.70- 223.73132.00
EBIT93.70- 223.73132.00
Net earnings221.33-18.83269.85
Shareholders equity total18 539.6418 520.8118 790.66
Balance sheet total (assets)20 060.3319 714.8620 016.67
Net debt118.60- 760.00
Profitability
EBIT-%4.2 %-8.5 %7.2 %
ROA1.4 %-0.1 %1.8 %
ROE1.2 %-0.1 %1.4 %
ROI1.5 %-0.1 %1.8 %
Economic value added (EVA)73.09-1 106.13- 827.71
Solvency
Equity ratio92.4 %93.9 %97.0 %
Gearing0.6 %
Relative net indebtedness %45.7 %26.4 %25.4 %
Liquidity
Quick ratio14.724.733.1
Current ratio19.728.416.3
Cash and cash equivalents760.00
Capital use efficiency
Trade debtors turnover (days)146.4
Net working capital %853.3 %723.8 %1023.5 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:1.76%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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