Grejs III ApS — Credit Rating and Financial Key Figures

CVR number: 41725761
Horsensvej 72 A, 7100 Vejle

Company information

Official name
Grejs III ApS
Established
2020
Company form
Private limited company
Industry

About Grejs III ApS

Grejs III ApS (CVR number: 41725761) is a company from VEJLE. The company recorded a gross profit of 2041.1 kDKK in 2023. The operating profit was 2041.1 kDKK, while net earnings were 356.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Grejs III ApS's liquidity measured by quick ratio was 22.7 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
2021
2022
2023
Volume
Net sales
Gross profit-41.00- 229.002 041.06
EBIT12 193.00- 229.002 041.06
Net earnings9 508.00- 384.00356.85
Shareholders equity total9 548.009 164.009 520.86
Balance sheet total (assets)25 459.0048 431.0062 470.33
Net debt11 784.0032 619.0031 729.79
Profitability
EBIT-%
ROA47.9 %-0.6 %4.0 %
ROE99.6 %-4.1 %3.8 %
ROI47.9 %-0.6 %4.1 %
Economic value added (EVA)9 508.78- 596.051 156.01
Solvency
Equity ratio37.5 %18.9 %15.2 %
Gearing136.4 %361.3 %461.9 %
Relative net indebtedness %
Liquidity
Quick ratio47.40.022.7
Current ratio47.40.022.7
Cash and cash equivalents1 236.00487.0012 246.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:3.96%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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