Grindstedgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grindstedgaard Holding ApS
Grindstedgaard Holding ApS (CVR number: 42414778) is a company from Brønderslev. The company recorded a gross profit of -8 kDKK in 2024. The operating profit was -8 kDKK, while net earnings were 36.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Grindstedgaard Holding ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -2.89 | -22.18 | -8.00 |
| EBIT | -2.89 | -22.18 | -8.00 |
| Net earnings | 98.09 | -18.59 | 36.47 |
| Shareholders equity total | 138.09 | 119.50 | 155.98 |
| Balance sheet total (assets) | 192.55 | 155.54 | 207.94 |
| Net debt | 3.70 | 10.22 | 43.96 |
| Profitability | |||
| EBIT-% | |||
| ROA | 50.9 % | -10.5 % | 21.4 % |
| ROE | 71.0 % | -14.4 % | 26.5 % |
| ROI | 59.0 % | -11.5 % | 22.2 % |
| Economic value added (EVA) | -2.89 | -20.81 | -8.74 |
| Solvency | |||
| Equity ratio | 71.7 % | 76.8 % | 75.0 % |
| Gearing | 20.3 % | 26.0 % | 28.2 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.9 | 2.0 | 1.5 |
| Current ratio | 0.9 | 2.0 | 1.5 |
| Cash and cash equivalents | 24.34 | 20.82 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB |
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