Sinding Grusgrav ApS — Credit Rating and Financial Key Figures

CVR number: 37475157
Sinding Hovvej 15, 8600 Silkeborg

Credit rating

Company information

Official name
Sinding Grusgrav ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon08Other mining and quarrying

About Sinding Grusgrav ApS

Sinding Grusgrav ApS (CVR number: 37475157) is a company from SILKEBORG. The company recorded a gross profit of 4394.6 kDKK in 2024. The operating profit was 3724 kDKK, while net earnings were 2763.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 53.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sinding Grusgrav ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 417.31400.983 723.526 311.414 394.56
EBIT-2 045.25132.971 380.404 632.183 723.96
Net earnings-2 007.92932.721 085.943 335.952 763.15
Shareholders equity total-1 609.99- 677.28408.673 744.616 507.76
Balance sheet total (assets)2 658.798 405.159 582.9310 569.719 205.50
Net debt1 763.14- 495.55-1 387.73- 354.00- 238.01
Profitability
EBIT-%
ROA-44.4 %15.0 %14.8 %46.2 %38.1 %
ROE-131.4 %16.9 %24.6 %160.6 %53.9 %
ROI-103.1 %113.8 %632.7 %215.3 %71.7 %
Economic value added (EVA)-1 957.57213.871 342.543 659.402 731.63
Solvency
Equity ratio-37.7 %-7.5 %4.3 %35.4 %70.7 %
Gearing-109.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.30.40.9
Current ratio0.30.20.30.51.1
Cash and cash equivalents495.551 387.73354.00238.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBA

Variable visualization

ROA:38.1%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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