GRANDES HESSES A/S — Credit Rating and Financial Key Figures

CVR number: 28495838
Grumstolsvej 13, 8270 Højbjerg
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Company information

Official name
GRANDES HESSES A/S
Personnel
1 person
Established
2005
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings8.81-7.919.39-94.41-13.23
Shareholders equity total19 169.4319 161.5219 170.9119 076.5019 063.27
Balance sheet total (assets)27 822.6928 760.3328 966.8225 675.9727 145.21
Net debt5 255.176 139.002 241.27- 384.54-1 292.63
Profitability
EBIT-%
ROA0.7 %0.7 %0.8 %0.3 %0.5 %
ROE0.0 %-0.0 %0.0 %-0.5 %-0.1 %
ROI0.7 %0.8 %0.9 %0.3 %0.5 %
Economic value added (EVA)-51.93-79.49-36.78- 147.08-43.27
Solvency
Equity ratio68.9 %66.6 %66.2 %74.3 %70.2 %
Gearing27.4 %32.4 %11.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.8168.9206.3
Current ratio1.01.01.8168.9206.3
Cash and cash equivalents71.8312.03384.541 292.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.46%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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