KB Grindsted ApS — Credit Rating and Financial Key Figures

CVR number: 41366575
Elmehaven 1 B, 8520 Lystrup

Credit rating

Company information

Official name
KB Grindsted ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About KB Grindsted ApS

KB Grindsted ApS (CVR number: 41366575) is a company from AARHUS. The company recorded a gross profit of 53.8 kDKK in 2024. The operating profit was -24.1 kDKK, while net earnings were 216.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, 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. KB Grindsted ApS's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit200.10249.64127.33- 109.6253.76
EBIT151.04285.64-6.90- 245.98-24.12
Net earnings151.75243.91- 415.25-31.16216.72
Shareholders equity total1 545.881 789.781 317.341 286.171 502.90
Balance sheet total (assets)1 754.583 471.422 975.672 973.073 263.85
Net debt-1 547.86-3 457.08- 779.16-1 264.44-1 506.18
Profitability
EBIT-%
ROA11.8 %14.4 %-10.7 %1.2 %9.1 %
ROE9.8 %14.6 %-26.7 %-2.4 %15.5 %
ROI13.4 %22.5 %-14.8 %1.2 %9.3 %
Economic value added (EVA)114.61234.1176.90- 185.9357.29
Solvency
Equity ratio88.1 %51.6 %44.3 %43.3 %46.0 %
Gearing0.1 %119.1 %127.8 %113.8 %
Relative net indebtedness %
Liquidity
Quick ratio9.82.11.41.81.9
Current ratio9.92.11.41.81.9
Cash and cash equivalents1 548.713 457.082 348.342 908.303 217.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.13%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-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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