GRUNDFOS OPERATIONS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRUNDFOS OPERATIONS A/S
GRUNDFOS OPERATIONS A/S (CVR number: 35817352) is a company from VIBORG. The company reported a net sales of 2209.4 mEUR in 2024, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 44.2 mEUR), while net earnings were 33.8 mEUR. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. GRUNDFOS OPERATIONS A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 981.60 | 2 136.99 | 2 152.96 | 2 209.37 | |
Gross profit | 119.05 | 137.71 | 128.78 | 127.71 | |
EBIT | 39.63 | 42.74 | 43.05 | 44.19 | |
Net earnings | 23.44 | 0.03 | 33.09 | 31.77 | 33.82 |
Shareholders equity total | 270.37 | 279.10 | 333.25 | 360.55 | 380.05 |
Balance sheet total (assets) | 661.15 | 748.63 | 694.23 | 692.84 | |
Net debt | 213.10 | 266.26 | 212.39 | 82.19 | |
Profitability | |||||
EBIT-% | 2.0 % | 2.0 % | 2.0 % | 2.0 % | |
ROA | 6.9 % | 7.4 % | 6.8 % | 7.1 % | |
ROE | 4.6 % | 0.0 % | 10.8 % | 9.2 % | 9.1 % |
ROI | 9.3 % | 9.5 % | 8.3 % | 8.9 % | |
Economic value added (EVA) | -11.76 | 14.55 | 8.59 | 3.36 | 5.36 |
Solvency | |||||
Equity ratio | 100.0 % | 42.2 % | 44.5 % | 51.4 % | 50.8 % |
Gearing | 76.6 % | 80.1 % | 59.7 % | 21.9 % | |
Relative net indebtedness % | 19.2 % | 19.4 % | 15.4 % | 14.1 % | |
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 1.0 | 1.2 | |
Current ratio | 1.7 | 1.7 | 2.0 | 2.5 | |
Cash and cash equivalents | 0.79 | 0.73 | 2.86 | 1.20 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.2 | 12.9 | 6.9 | 8.3 | |
Net working capital % | 12.8 % | 14.0 % | 14.9 % | 17.5 % | |
Credit risk | |||||
Credit rating | BB | A | AA | AA | AA |
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