Grindsted Renseanlæg A/S — Credit Rating and Financial Key Figures

CVR number: 38148052
Grindsted Landevej 40, Jerrig 7200 Grindsted
post@billundvand.dk
tel: 76502700
www.billundvand.dk

Company information

Official name
Grindsted Renseanlæg A/S
Established
2016
Domicile
Jerrig
Company form
Limited company
Industry

About Grindsted Renseanlæg A/S

Grindsted Renseanlæg A/S (CVR number: 38148052) is a company from BILLUND. The company reported a net sales of 33.9 mDKK in 2024, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 1.9 mDKK), while net earnings were 2311 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Grindsted Renseanlæg A/S's liquidity measured by quick ratio was 2.1 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales27.2527.5327.1629.7733.90
Gross profit0.03-1.260.481.162.58
EBIT-0.55-1.69-0.130.701.89
Net earnings-0.76-1.89-0.330.512.31
Shareholders equity total62.8860.9960.6661.1763.48
Balance sheet total (assets)109.49105.4799.1498.99101.09
Net debt39.5438.6634.1127.9324.02
Profitability
EBIT-%-2.0 %-6.1 %-0.5 %2.4 %5.6 %
ROA-0.0 %-1.1 %0.3 %1.1 %2.5 %
ROE-1.2 %-3.0 %-0.5 %0.8 %3.7 %
ROI-0.0 %-1.2 %0.3 %1.2 %2.5 %
Economic value added (EVA)-6.01-7.00-5.29-4.21-2.60
Solvency
Equity ratio57.1 %57.8 %61.2 %61.5 %62.1 %
Gearing67.2 %68.4 %61.0 %57.1 %54.4 %
Relative net indebtedness %161.1 %150.3 %131.0 %103.5 %79.9 %
Liquidity
Quick ratio0.90.91.32.02.1
Current ratio0.90.91.32.02.1
Cash and cash equivalents2.703.092.887.0010.52
Capital use efficiency
Trade debtors turnover (days)7.67.67.26.35.9
Net working capital %-2.1 %-2.2 %5.0 %20.0 %23.4 %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:2.47%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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