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

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

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 1 mDKK in 2022, demonstrating a growth of 98.5 % compared to the previous year. The operating profit percentage was at 82.9 % (EBIT: 0.8 mDKK), while net earnings were 1737.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, 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 340.8 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
2018
2019
2020
2021
2022
Volume
Net sales762.80640.43464.64500.55993.45
Gross profit727.12615.52448.06407.81912.30
EBIT718.12606.52319.06276.28823.30
Net earnings1 078.931 006.261 826.50676.111 737.25
Shareholders equity total10 631.8511 143.7811 870.2812 046.3913 483.64
Balance sheet total (assets)10 751.2711 177.2912 033.3312 188.2013 513.81
Net debt-3 723.03-6 989.07-7 421.50-7 392.03-6 923.71
Profitability
EBIT-%94.1 %94.7 %68.7 %55.2 %82.9 %
ROA12.0 %9.3 %17.1 %9.4 %14.3 %
ROE10.6 %9.2 %15.9 %5.7 %13.6 %
ROI12.1 %9.4 %17.2 %9.5 %14.4 %
Economic value added (EVA)546.52459.68215.92283.50744.84
Solvency
Equity ratio98.9 %99.7 %98.6 %98.8 %99.8 %
Gearing0.0 %0.0 %
Relative net indebtedness %-474.0 %-1087.6 %-1563.9 %-1449.6 %-694.5 %
Liquidity
Quick ratio192.3394.0390.068.0340.8
Current ratio192.3394.0390.068.0340.8
Cash and cash equivalents3 723.036 989.077 421.507 397.616 929.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %503.6 %870.6 %682.0 %475.9 %366.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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