GRØNBORG A/S — Credit Rating and Financial Key Figures

CVR number: 21773301
Spiesgade 1 A, 9400 Nørresundby
tel: 98175733

Company information

Official name
GRØNBORG A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About GRØNBORG A/S

GRØNBORG A/S (CVR number: 21773301) is a company from AALBORG. The company recorded a gross profit of 753 kDKK in 2023. The operating profit was 225.1 kDKK, while net earnings were 5852 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRØNBORG A/S's liquidity measured by quick ratio was 19.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit798.75763.901 182.59952.51752.97
EBIT983.08571.61679.65214.45225.09
Net earnings4 257.984 474.59- 865.453 294.405 852.00
Shareholders equity total51 869.5556 344.1455 478.6858 573.0864 225.08
Balance sheet total (assets)54 058.1659 054.3156 989.5460 319.9967 225.76
Net debt-19 224.51-23 882.48-21 826.50-25 159.29-31 561.67
Profitability
EBIT-%
ROA8.7 %10.2 %2.8 %6.8 %11.6 %
ROE8.5 %8.3 %-1.5 %5.8 %9.5 %
ROI8.9 %10.4 %2.9 %6.8 %11.7 %
Economic value added (EVA)0.51- 162.33-96.31- 439.78- 479.41
Solvency
Equity ratio96.0 %95.4 %97.3 %97.1 %95.5 %
Gearing0.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio24.619.244.661.619.1
Current ratio24.619.244.661.619.1
Cash and cash equivalents19 224.5123 882.4821 928.5025 159.3131 561.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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