KJELD GRØNDAL HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KJELD GRØNDAL HOLDING ApS
KJELD GRØNDAL HOLDING ApS (CVR number: 27928455) is a company from ESBJERG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -84.7 % compared to the previous year. The operating profit percentage was at 96.1 % (EBIT: 0.3 mDKK), while net earnings were 384.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. KJELD GRØNDAL HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 825.12 | 278.89 | |||
Gross profit | -5.75 | -6.69 | -6.69 | 1 814.49 | 268.02 |
EBIT | -5.75 | -6.69 | -6.69 | 1 814.49 | 268.02 |
Net earnings | -64.61 | 1 011.18 | 1 343.35 | 1 949.67 | 384.61 |
Shareholders equity total | 7 192.61 | 7 603.79 | 8 347.14 | 8 826.82 | 7 634.79 |
Balance sheet total (assets) | 7 778.41 | 8 915.10 | 9 114.57 | 10 008.56 | 9 883.23 |
Net debt | 304.71 | 127.31 | 34.10 | 520.42 | 609.09 |
Profitability | |||||
EBIT-% | 99.4 % | 96.1 % | |||
ROA | -0.1 % | 12.6 % | 15.3 % | 20.9 % | 4.7 % |
ROE | -0.9 % | 13.7 % | 16.8 % | 22.7 % | 4.7 % |
ROI | -0.1 % | 13.4 % | 16.0 % | 21.4 % | 5.1 % |
Economic value added (EVA) | 162.51 | 145.36 | 179.09 | 1 961.52 | 426.28 |
Solvency | |||||
Equity ratio | 92.5 % | 85.3 % | 91.6 % | 88.2 % | 77.2 % |
Gearing | 4.2 % | 3.9 % | 3.4 % | 7.3 % | 10.0 % |
Relative net indebtedness % | 50.4 % | 601.3 % | |||
Liquidity | |||||
Quick ratio | 3.1 | 2.2 | 5.8 | 2.4 | 1.7 |
Current ratio | 3.1 | 2.2 | 5.8 | 2.4 | 1.7 |
Cash and cash equivalents | 0.25 | 169.41 | 249.95 | 125.13 | 158.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 79.4 % | 440.5 % | |||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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