VOGNMAND HANS CHRISTENSEN. GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 15136308
Hovedgaden 8, 7260 Sønder Omme
tel: 75342003

Company information

Official name
VOGNMAND HANS CHRISTENSEN. GRINDSTED ApS
Personnel
6 persons
Established
1991
Company form
Private limited company
Industry

About VOGNMAND HANS CHRISTENSEN. GRINDSTED ApS

VOGNMAND HANS CHRISTENSEN. GRINDSTED ApS (CVR number: 15136308) is a company from BILLUND. The company recorded a gross profit of 3919.1 kDKK in 2023. The operating profit was 812.1 kDKK, while net earnings were 615.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. VOGNMAND HANS CHRISTENSEN. GRINDSTED ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 408.464 802.234 730.613 394.263 919.10
EBIT492.851 336.79684.29203.47812.06
Net earnings305.061 031.61501.23138.96615.46
Shareholders equity total2 812.343 733.354 121.584 146.144 643.80
Balance sheet total (assets)7 605.518 657.898 337.288 225.848 024.61
Net debt860.09- 152.26113.14-25.931 115.53
Profitability
EBIT-%
ROA5.7 %17.3 %8.4 %2.5 %10.0 %
ROE11.2 %31.5 %12.8 %3.4 %14.0 %
ROI6.5 %20.5 %10.1 %3.0 %11.9 %
Economic value added (EVA)341.07872.90377.84-11.01457.34
Solvency
Equity ratio37.0 %43.1 %49.4 %50.4 %57.9 %
Gearing104.3 %70.5 %56.4 %48.5 %36.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.52.41.91.5
Current ratio2.32.52.41.91.5
Cash and cash equivalents2 072.292 784.032 211.992 038.31577.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:9.99%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.9%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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