GRANITTEN ApS — Credit Rating and Financial Key Figures

CVR number: 16000930
Hundegræsvej 1, 9800 Hjørring
tel: 98928006

Company information

Official name
GRANITTEN ApS
Personnel
2 persons
Established
1992
Company form
Private limited company
Industry

About GRANITTEN ApS

GRANITTEN ApS (CVR number: 16000930) is a company from HJØRRING. The company recorded a gross profit of 154.9 kDKK in 2023. The operating profit was 110.1 kDKK, while net earnings were -920.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRANITTEN ApS's liquidity measured by quick ratio was 7.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 022.1443.9538.74-63.16154.91
EBIT-4 789.36- 302.14-0.52- 107.96110.12
Net earnings-4 241.89- 439.11270.70181.81- 920.84
Shareholders equity total3 427.332 988.223 258.923 440.725 714.47
Balance sheet total (assets)7 651.376 247.676 541.716 833.915 983.94
Net debt1 037.013 082.893 095.912 822.03-42.86
Profitability
EBIT-%
ROA-40.3 %-10.6 %5.4 %4.4 %1.7 %
ROE-76.5 %-13.7 %8.7 %5.4 %-20.1 %
ROI-41.0 %-10.8 %5.4 %4.4 %1.7 %
Economic value added (EVA)-4 678.21- 255.88- 146.63- 300.06-35.79
Solvency
Equity ratio44.8 %47.8 %49.8 %50.3 %95.5 %
Gearing106.2 %105.9 %99.2 %95.9 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.50.50.67.4
Current ratio0.90.50.50.67.4
Cash and cash equivalents2 604.1681.16136.09479.09175.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:1.70%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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