Jacob Grønlund A/S — Credit Rating and Financial Key Figures

CVR number: 28478100
Havrevænget 6, 9500 Hobro
Jacob@gronlund.dk
tel: 40604807
www.Flink-udlejer.dk

Company information

Official name
Jacob Grønlund A/S
Personnel
4 persons
Established
2005
Company form
Limited company
Industry

About Jacob Grønlund A/S

Jacob Grønlund A/S (CVR number: 28478100) is a company from MARIAGERFJORD. The company recorded a gross profit of 5555 kDKK in 2023. The operating profit was 5119.5 kDKK, while net earnings were 1737.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.9 %, 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. Jacob Grønlund A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 229.523 667.994 461.144 637.285 555.04
EBIT4 814.548 757.91- 156.784 405.395 119.48
Net earnings3 078.535 955.64- 686.032 193.291 737.15
Shareholders equity total13 385.6119 341.2518 655.2220 848.5122 585.65
Balance sheet total (assets)84 284.71104 517.28100 243.02102 030.40102 569.91
Net debt61 126.2073 509.4072 403.4871 277.3568 341.24
Profitability
EBIT-%
ROA5.8 %9.3 %-0.2 %4.3 %4.9 %
ROE26.0 %36.4 %-3.6 %11.1 %8.0 %
ROI6.0 %9.5 %-0.2 %4.4 %5.1 %
Economic value added (EVA)1 486.493 841.45-4 122.50- 394.37216.10
Solvency
Equity ratio24.2 %24.2 %23.6 %24.4 %25.9 %
Gearing456.7 %381.4 %388.1 %341.9 %302.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.10.20.3
Current ratio0.20.30.10.20.3
Cash and cash equivalents252.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.94%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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