MICHAEL GRUNDHOLM A/S — Credit Rating and Financial Key Figures

CVR number: 29308381
Ved Vandværket 7, 7100 Vejle
ad@grundholmbyg.dk
tel: 20950927
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Company information

Official name
MICHAEL GRUNDHOLM A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry

About MICHAEL GRUNDHOLM A/S

MICHAEL GRUNDHOLM A/S (CVR number: 29308381) is a company from VEJLE. The company reported a net sales of 5.1 mDKK in 2024, demonstrating a growth of -1846.9 % compared to the previous year. The operating profit percentage was at 92.2 % (EBIT: 4.7 mDKK), while net earnings were 5858.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 38.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL GRUNDHOLM A/S's liquidity measured by quick ratio was 79.5 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales464.64500.55993.45- 289.185 051.69
Gross profit448.06407.81912.30- 373.384 665.79
EBIT319.06276.28823.30- 382.384 656.79
Net earnings1 826.50676.111 737.25- 854.685 858.58
Shareholders equity total11 870.2812 046.3913 483.6412 511.1617 607.61
Balance sheet total (assets)12 033.3312 188.2013 513.8112 596.8818 064.72
Net debt-7 421.50-7 392.03-6 923.71-4 484.96-2 962.14
Profitability
EBIT-%68.7 %55.2 %82.9 %92.2 %
ROA17.1 %9.4 %14.3 %1.5 %38.2 %
ROE15.9 %5.7 %13.6 %-6.6 %38.9 %
ROI17.2 %9.5 %14.4 %1.5 %38.5 %
Economic value added (EVA)- 264.17- 252.35175.07-1 116.304 029.96
Solvency
Equity ratio98.6 %98.8 %99.8 %99.3 %97.5 %
Gearing0.0 %0.0 %0.0 %1.8 %
Relative net indebtedness %-1563.9 %-1449.6 %-694.5 %1523.9 %-56.0 %
Liquidity
Quick ratio390.068.0340.8835.279.5
Current ratio390.068.0340.8835.279.5
Cash and cash equivalents7 421.507 397.616 929.294 490.523 287.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %682.0 %475.9 %366.1 %-2197.7 %153.2 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:38.2%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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