GRINDSTED BILLUND KØRESKOLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRINDSTED BILLUND KØRESKOLE ApS
GRINDSTED BILLUND KØRESKOLE ApS (CVR number: 29418098) is a company from BILLUND. The company recorded a gross profit of 224.9 kDKK in 2024. The operating profit was -84.1 kDKK, while net earnings were -64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.5 %, 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. GRINDSTED BILLUND KØRESKOLE ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 716.05 | 634.86 | 347.02 | 549.82 | 224.92 |
EBIT | 247.62 | 149.35 | -26.81 | 109.38 | -84.06 |
Net earnings | 180.91 | 118.85 | -19.39 | 83.72 | -64.53 |
Shareholders equity total | 294.15 | 412.99 | 393.60 | 477.33 | 412.81 |
Balance sheet total (assets) | 1 263.72 | 1 368.92 | 1 104.96 | 1 038.11 | 887.34 |
Net debt | 432.87 | 417.03 | 467.13 | 359.55 | 328.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.0 % | 11.3 % | -2.2 % | 10.2 % | -8.7 % |
ROE | 88.8 % | 33.6 % | -4.8 % | 19.2 % | -14.5 % |
ROI | 36.1 % | 17.2 % | -2.9 % | 11.9 % | -9.6 % |
Economic value added (EVA) | 161.28 | 96.21 | -67.01 | 39.83 | - 111.05 |
Solvency | |||||
Equity ratio | 23.3 % | 30.2 % | 35.6 % | 46.0 % | 46.5 % |
Gearing | 167.0 % | 128.0 % | 126.8 % | 92.7 % | 94.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.8 | 1.2 | 1.2 |
Current ratio | 1.0 | 1.0 | 0.8 | 1.2 | 1.2 |
Cash and cash equivalents | 58.31 | 111.75 | 31.84 | 83.15 | 62.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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