Grevinge Auto-El ApS — Credit Rating and Financial Key Figures

CVR number: 40645772
Hovedgaden 22, 4571 Grevinge

Credit rating

Company information

Official name
Grevinge Auto-El ApS
Personnel
6 persons
Established
2019
Company form
Private limited company
Industry

About Grevinge Auto-El ApS

Grevinge Auto-El ApS (CVR number: 40645772) is a company from ODSHERRED. The company reported a net sales of 2.5 mDKK in 2024, demonstrating a growth of 22.2 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 0.2 mDKK), while net earnings were 110.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Grevinge Auto-El ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales802.30928.032 085.322 547.28
Gross profit793.67920.601 073.47756.791 175.52
EBIT- 189.78- 118.64156.97-29.79182.64
Net earnings- 219.14-73.4940.03-49.68110.88
Shareholders equity total660.24586.75626.78577.10687.98
Balance sheet total (assets)1 379.591 390.381 598.011 591.591 450.49
Net debt209.68445.93221.18-12.70162.23
Profitability
EBIT-%-23.7 %-12.8 %-1.4 %7.2 %
ROA-11.9 %-8.6 %10.6 %-1.9 %12.0 %
ROE-28.5 %-11.8 %6.6 %-8.3 %17.5 %
ROI-16.4 %-10.9 %13.1 %-2.6 %17.9 %
Economic value added (EVA)- 279.74- 120.2755.50-88.2692.36
Solvency
Equity ratio47.9 %42.2 %39.2 %36.3 %47.4 %
Gearing54.1 %89.8 %55.7 %49.4 %44.4 %
Relative net indebtedness %66.1 %77.9 %32.9 %21.8 %
Liquidity
Quick ratio1.11.11.30.81.5
Current ratio1.41.51.60.91.7
Cash and cash equivalents147.2380.74127.88297.81142.99
Capital use efficiency
Trade debtors turnover (days)112.182.627.056.9
Net working capital %21.5 %16.9 %-3.2 %12.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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