GRINSTED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20248939
Holmegårdsvej 8 A, 3100 Hornbæk
martin0809@outlook.dk
tel: 39407075

Company information

Official name
GRINSTED HOLDING ApS
Personnel
1 person
Established
1997
Company form
Private limited company
Industry

About GRINSTED HOLDING ApS

GRINSTED HOLDING ApS (CVR number: 20248939) is a company from HELSINGØR. The company recorded a gross profit of 2370.4 kDKK in 2022. The operating profit was 2237.4 kDKK, while net earnings were 3205 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. GRINSTED HOLDING ApS's liquidity measured by quick ratio was 3.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 092.40682.70839.491 015.962 370.38
EBIT870.10317.27686.49882.962 237.38
Net earnings2 033.762 081.1315 953.84-4 435.243 204.95
Shareholders equity total61 936.6554 017.7869 971.6265 536.3968 741.34
Balance sheet total (assets)89 040.9993 871.85101 237.85101 838.1792 830.21
Net debt-58 879.64-56 279.73-79 126.96-82 151.77-81 396.10
Profitability
EBIT-%
ROA5.3 %7.7 %20.0 %7.4 %8.1 %
ROE3.3 %3.6 %25.7 %-6.5 %4.8 %
ROI6.7 %9.7 %25.5 %9.8 %10.9 %
Economic value added (EVA)726.63268.871 054.731 197.492 626.14
Solvency
Equity ratio69.6 %57.5 %69.1 %64.4 %74.1 %
Gearing14.1 %37.0 %12.7 %13.4 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.93.44.13.43.7
Current ratio3.93.44.13.43.7
Cash and cash equivalents67 584.5276 282.8488 011.0090 959.0482 692.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.05%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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