GRANDES HESSES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRANDES HESSES A/S
GRANDES HESSES A/S (CVR number: 28495838) is a company from AARHUS. The company recorded a gross profit of -63 kDKK in 2023. The operating profit was -63 kDKK, while net earnings were -13.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. GRANDES HESSES A/S's liquidity measured by quick ratio was 206.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -70.03 | -75.21 | -49.45 | - 143.16 | -62.98 |
EBIT | -70.03 | -75.21 | -59.51 | - 143.16 | -62.98 |
Net earnings | 8.81 | -7.91 | 9.39 | -94.41 | -13.23 |
Shareholders equity total | 19 169.43 | 19 161.52 | 19 170.91 | 19 076.50 | 19 063.27 |
Balance sheet total (assets) | 27 822.69 | 28 760.33 | 28 966.82 | 25 675.97 | 27 145.21 |
Net debt | 5 255.17 | 6 139.00 | 2 241.27 | - 384.54 | -1 292.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 0.7 % | 0.8 % | 0.3 % | 0.5 % |
ROE | 0.0 % | -0.0 % | 0.0 % | -0.5 % | -0.1 % |
ROI | 0.7 % | 0.8 % | 0.9 % | 0.3 % | 0.5 % |
Economic value added (EVA) | -51.93 | -79.49 | -36.78 | - 147.08 | -43.27 |
Solvency | |||||
Equity ratio | 68.9 % | 66.6 % | 66.2 % | 74.3 % | 70.2 % |
Gearing | 27.4 % | 32.4 % | 11.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.8 | 168.9 | 206.3 |
Current ratio | 1.0 | 1.0 | 1.8 | 168.9 | 206.3 |
Cash and cash equivalents | 71.83 | 12.03 | 384.54 | 1 292.63 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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