Grønvold Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grønvold Holding ApS
Grønvold Holding ApS (CVR number: 38979043) is a company from KØGE. The company recorded a gross profit of -0 kDKK in 2023. The operating profit was -0 kDKK, while net earnings were 788.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Grønvold Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.00 | -2.12 | -2.34 | -0.00 | -0.00 |
EBIT | -2.00 | -2.12 | -2.34 | -0.00 | -0.00 |
Net earnings | 231.21 | 228.91 | 824.03 | 1 041.30 | 788.88 |
Shareholders equity total | 417.33 | 535.64 | 1 246.67 | 2 173.56 | 2 844.64 |
Balance sheet total (assets) | 419.98 | 1 187.33 | 2 981.10 | 3 578.73 | 4 659.56 |
Net debt | -99.29 | -18.58 | 1 699.80 | 1 116.12 | 1 474.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 76.4 % | 29.1 % | 41.0 % | 33.2 % | 21.0 % |
ROE | 76.6 % | 48.0 % | 92.5 % | 60.9 % | 31.4 % |
ROI | 76.9 % | 47.0 % | 48.1 % | 33.5 % | 21.2 % |
Economic value added (EVA) | -0.03 | -0.51 | 30.22 | 91.06 | 102.02 |
Solvency | |||||
Equity ratio | 99.4 % | 45.1 % | 41.8 % | 60.7 % | 61.0 % |
Gearing | 0.2 % | 8.0 % | 139.0 % | 61.4 % | 63.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 37.8 | 0.1 | 0.0 | 0.3 | 0.5 |
Current ratio | 37.8 | 0.1 | 0.0 | 0.3 | 0.5 |
Cash and cash equivalents | 99.94 | 61.23 | 32.63 | 217.38 | 338.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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