GF Grænsen F.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 66875512
Molevej 2, Kollund 6340 Kruså

Credit rating

Company information

Official name
GF Grænsen F.M.B.A.
Personnel
25 persons
Established
1965
Domicile
Kollund
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About GF Grænsen F.M.B.A.

GF Grænsen F.M.B.A. (CVR number: 66875512) is a company from AABENRAA. The company reported a net sales of 21.7 mDKK in 2023, demonstrating a growth of 16.8 % compared to the previous year. The operating profit percentage was at 17.3 % (EBIT: 3.8 mDKK), while net earnings were 5609.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GF Grænsen F.M.B.A.'s liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales14 373.9716 716.6617 075.3618 581.1721 699.59
Gross profit15 938.6818 240.7118 334.6919 785.5522 514.57
EBIT1 691.243 120.792 904.703 133.283 751.28
Net earnings2 941.763 465.404 348.01701.615 609.10
Shareholders equity total25 445.3029 000.0031 650.0132 351.6237 960.72
Balance sheet total (assets)28 685.7334 413.7235 651.6735 618.5242 167.92
Net debt- 486.41-1 047.94-1 512.36-3 131.29-7 337.37
Profitability
EBIT-%11.8 %18.7 %17.0 %16.9 %17.3 %
ROA11.2 %11.3 %12.5 %8.9 %14.4 %
ROE12.3 %12.7 %14.3 %2.2 %16.0 %
ROI12.7 %13.0 %14.4 %9.9 %16.0 %
Economic value added (EVA)609.931 861.501 500.101 618.862 282.96
Solvency
Equity ratio88.7 %84.3 %88.8 %90.8 %90.0 %
Gearing
Relative net indebtedness %19.2 %26.1 %14.6 %0.7 %-14.4 %
Liquidity
Quick ratio0.20.40.41.11.8
Current ratio0.20.40.41.11.8
Cash and cash equivalents486.411 047.941 512.363 131.297 337.37
Capital use efficiency
Trade debtors turnover (days)0.00.0
Net working capital %-15.8 %-19.1 %-13.7 %1.3 %16.1 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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