GRUNDVAD MASKINSTATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRUNDVAD MASKINSTATION ApS
GRUNDVAD MASKINSTATION ApS (CVR number: 36045981) is a company from SKIVE. The company recorded a gross profit of 101.9 kDKK in 2023. The operating profit was -76.3 kDKK, while net earnings were -84.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GRUNDVAD MASKINSTATION ApS's liquidity measured by quick ratio was 1.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 277.65 | 311.73 | 257.03 | 134.63 | 101.85 |
EBIT | 46.26 | -3.51 | - 111.54 | -84.78 | -76.27 |
Net earnings | 35.02 | 7.18 | -98.58 | -91.55 | -84.36 |
Shareholders equity total | 487.02 | 494.20 | 395.63 | 304.07 | 219.72 |
Balance sheet total (assets) | 684.38 | 701.32 | 653.78 | 462.46 | 701.37 |
Net debt | - 134.28 | -30.26 | -34.40 | - 109.51 | 220.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | -0.5 % | -16.5 % | -15.2 % | -13.0 % |
ROE | 8.3 % | 1.5 % | -22.2 % | -26.2 % | -32.2 % |
ROI | 6.7 % | -0.7 % | -22.5 % | -21.4 % | -17.0 % |
Economic value added (EVA) | 20.16 | -21.11 | - 116.54 | - 100.78 | -83.51 |
Solvency | |||||
Equity ratio | 71.2 % | 70.5 % | 60.5 % | 65.8 % | 31.3 % |
Gearing | 0.5 % | 8.4 % | 10.8 % | 16.6 % | 144.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 1.1 | 1.3 | 1.1 |
Current ratio | 1.7 | 1.6 | 1.1 | 1.3 | 1.1 |
Cash and cash equivalents | 136.71 | 71.55 | 77.18 | 160.01 | 96.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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