Grøndal Høje ApS — Credit Rating and Financial Key Figures

CVR number: 77330119
Torvet 10, 8300 Odder
cvm@karcar.dk

Credit rating

Company information

Official name
Grøndal Høje ApS
Established
1985
Company form
Private limited company
Industry

About Grøndal Høje ApS

Grøndal Høje ApS (CVR number: 77330119) is a company from ODDER. The company recorded a gross profit of -1037.9 kDKK in 2023. The operating profit was -1171.1 kDKK, while net earnings were -1100.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18 %, 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. Grøndal Høje ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 101.88- 266.906.12180.68-1 037.88
EBIT- 205.45- 542.88- 270.32-69.00-1 171.14
Net earnings- 480.38- 956.50- 782.86- 671.01-1 100.92
Shareholders equity total159.665 203.164 420.303 749.292 648.38
Balance sheet total (assets)14 652.2014 542.9514 219.5814 160.4414 680.95
Net debt14 135.188 806.049 443.749 690.9811 213.32
Profitability
EBIT-%
ROA-2.0 %-3.5 %-1.5 %-0.2 %-7.8 %
ROE-120.1 %-35.7 %-16.3 %-16.4 %-34.4 %
ROI-2.0 %-3.5 %-1.5 %-0.2 %-7.9 %
Economic value added (EVA)- 202.32- 364.33- 508.06- 282.28- 903.66
Solvency
Equity ratio1.1 %35.8 %31.1 %26.6 %18.0 %
Gearing9050.4 %178.3 %219.7 %270.3 %445.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.10.1
Current ratio0.10.20.10.10.1
Cash and cash equivalents314.44471.87265.79444.96594.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-7.75%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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