GRIF 29 ApS — Credit Rating and Financial Key Figures

CVR number: 33047568
Strandpromenaden 69, 2100 København Ø
tel: 40305741

Company information

Official name
GRIF 29 ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About GRIF 29 ApS

GRIF 29 ApS (CVR number: 33047568) is a company from KØBENHAVN. The company recorded a gross profit of 976 kDKK in 2023. The operating profit was 894.8 kDKK, while net earnings were 411.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. GRIF 29 ApS's liquidity measured by quick ratio was 3.2 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 profit929.00999.00967.00838.00975.96
EBIT271.00681.00778.00543.00894.76
Net earnings180.00497.00577.00237.00411.57
Shareholders equity total8 484.008 781.009 159.009 396.008 807.65
Balance sheet total (assets)18 028.0018 448.0019 026.0019 389.0018 392.39
Net debt7 064.006 656.006 538.006 552.006 876.23
Profitability
EBIT-%
ROA1.5 %3.7 %4.2 %2.8 %4.7 %
ROE2.1 %5.8 %6.4 %2.6 %4.5 %
ROI1.6 %3.8 %4.2 %2.9 %4.8 %
Economic value added (EVA)- 495.55- 239.61- 151.11- 342.48- 101.22
Solvency
Equity ratio47.1 %47.6 %48.1 %48.5 %47.9 %
Gearing88.5 %86.1 %84.6 %84.6 %84.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.93.92.33.2
Current ratio1.51.93.92.33.2
Cash and cash equivalents447.00902.001 211.001 399.00588.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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