KB Grindsted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 200.10 | 249.64 | 127.33 | - 109.62 | 53.76 |
EBIT | 151.04 | 285.64 | -6.90 | - 245.98 | -24.12 |
Net earnings | 151.75 | 243.91 | - 415.25 | -31.16 | 216.72 |
Shareholders equity total | 1 545.88 | 1 789.78 | 1 317.34 | 1 286.17 | 1 502.90 |
Balance sheet total (assets) | 1 754.58 | 3 471.42 | 2 975.67 | 2 973.07 | 3 263.85 |
Net debt | -1 547.86 | -3 457.08 | - 779.16 | -1 264.44 | -1 506.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 14.4 % | -10.7 % | 1.2 % | 9.1 % |
ROE | 9.8 % | 14.6 % | -26.7 % | -2.4 % | 15.5 % |
ROI | 13.4 % | 22.5 % | -14.8 % | 1.2 % | 9.3 % |
Economic value added (EVA) | 114.61 | 234.11 | 76.90 | - 185.93 | 57.29 |
Solvency | |||||
Equity ratio | 88.1 % | 51.6 % | 44.3 % | 43.3 % | 46.0 % |
Gearing | 0.1 % | 119.1 % | 127.8 % | 113.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.8 | 2.1 | 1.4 | 1.8 | 1.9 |
Current ratio | 9.9 | 2.1 | 1.4 | 1.8 | 1.9 |
Cash and cash equivalents | 1 548.71 | 3 457.08 | 2 348.34 | 2 908.30 | 3 217.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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