Grindsted tal-service ApS — Credit Rating and Financial Key Figures

CVR number: 40066195
Julsøvej 4, 7200 Grindsted
poullundmikkelsen@gmail.com
tel: 20248572

Credit rating

Company information

Official name
Grindsted tal-service ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Grindsted tal-service ApS

Grindsted tal-service ApS (CVR number: 40066195) is a company from BILLUND. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 14.3 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0 mDKK), while net earnings were 4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Grindsted tal-service ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales311.10264.60510.91439.10501.93
Gross profit284.72233.61476.35408.92472.58
EBIT4.324.816.526.165.72
Net earnings3.373.763.834.074.32
Shareholders equity total53.3757.1360.9665.0369.35
Balance sheet total (assets)106.20128.23230.31142.70232.32
Net debt-79.34-87.50- 180.63-92.08- 132.12
Profitability
EBIT-%1.4 %1.8 %1.3 %1.4 %1.1 %
ROA4.1 %4.1 %3.6 %3.3 %3.1 %
ROE6.3 %6.8 %6.5 %6.5 %6.4 %
ROI8.1 %8.7 %11.0 %9.8 %8.5 %
Economic value added (EVA)4.326.126.3710.515.69
Solvency
Equity ratio50.3 %44.6 %26.5 %45.6 %29.8 %
Gearing
Relative net indebtedness %-8.5 %-6.2 %-2.2 %-3.3 %6.1 %
Liquidity
Quick ratio2.01.81.41.81.4
Current ratio2.01.81.41.81.4
Cash and cash equivalents79.3487.50180.6392.08132.12
Capital use efficiency
Trade debtors turnover (days)31.556.233.841.572.4
Net working capital %17.2 %21.6 %11.9 %14.8 %13.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.8%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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