Grindsted Renseanlæg A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27.25 | 27.53 | 27.16 | 29.77 | 33.90 |
Gross profit | 0.03 | -1.26 | 0.48 | 1.16 | 2.58 |
EBIT | -0.55 | -1.69 | -0.13 | 0.70 | 1.89 |
Net earnings | -0.76 | -1.89 | -0.33 | 0.51 | 2.31 |
Shareholders equity total | 62.88 | 60.99 | 60.66 | 61.17 | 63.48 |
Balance sheet total (assets) | 109.49 | 105.47 | 99.14 | 98.99 | 101.09 |
Net debt | 39.54 | 38.66 | 34.11 | 27.93 | 24.02 |
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 ratio | 57.1 % | 57.8 % | 61.2 % | 61.5 % | 62.1 % |
Gearing | 67.2 % | 68.4 % | 61.0 % | 57.1 % | 54.4 % |
Relative net indebtedness % | 161.1 % | 150.3 % | 131.0 % | 103.5 % | 79.9 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.3 | 2.0 | 2.1 |
Current ratio | 0.9 | 0.9 | 1.3 | 2.0 | 2.1 |
Cash and cash equivalents | 2.70 | 3.09 | 2.88 | 7.00 | 10.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.6 | 7.6 | 7.2 | 6.3 | 5.9 |
Net working capital % | -2.1 % | -2.2 % | 5.0 % | 20.0 % | 23.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | AA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.