GRUNDVAD MØLLE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRUNDVAD MØLLE A/S
GRUNDVAD MØLLE A/S (CVR number: 27479324) is a company from VIBORG. The company recorded a gross profit of 1336.3 kDKK in 2024. The operating profit was 194.1 kDKK, while net earnings were -37.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRUNDVAD MØLLE A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 177.24 | 2 078.83 | 1 713.52 | 1 917.69 | 1 336.26 |
| EBIT | 319.70 | 1 222.43 | 844.55 | 789.83 | 194.13 |
| Net earnings | 1 087.93 | 1 247.81 | 931.56 | 1 216.72 | -37.93 |
| Shareholders equity total | 6 965.77 | 7 713.58 | 8 045.14 | 8 561.86 | 7 623.93 |
| Balance sheet total (assets) | 8 888.33 | 9 613.17 | 10 240.39 | 10 986.68 | 9 514.54 |
| Net debt | - 926.80 | - 977.28 | -2 967.62 | - 851.50 | - 897.90 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.6 % | 17.6 % | 12.3 % | 14.9 % | -0.3 % |
| ROE | 12.7 % | 17.0 % | 11.8 % | 14.7 % | -0.5 % |
| ROI | 15.9 % | 20.0 % | 14.1 % | 17.4 % | -0.4 % |
| Economic value added (EVA) | - 263.86 | 560.12 | 230.81 | 172.18 | - 319.09 |
| Solvency | |||||
| Equity ratio | 78.4 % | 80.2 % | 78.6 % | 77.9 % | 80.1 % |
| Gearing | 11.4 % | 9.8 % | 9.1 % | 8.2 % | 9.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 2.9 | 3.2 | 1.4 | 1.9 |
| Current ratio | 2.6 | 3.0 | 3.5 | 1.8 | 2.6 |
| Cash and cash equivalents | 1 721.52 | 1 733.74 | 3 697.96 | 1 555.59 | 1 622.84 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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