GRØNVOLD & SCHOU A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNVOLD & SCHOU A/S
GRØNVOLD & SCHOU A/S (CVR number: 14974237) is a company from SLAGELSE. The company reported a net sales of 558.7 mDKK in 2023, demonstrating a decline of -12.2 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 12.2 mDKK), while net earnings were 9743.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. GRØNVOLD & SCHOU A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 465.56 | 538.22 | 627.35 | 636.55 | 558.72 |
Gross profit | 465.56 | 538.22 | 116.52 | 98.57 | 81.90 |
EBIT | 465.56 | 538.22 | 42.44 | 24.48 | 12.23 |
Net earnings | 12.45 | 18.14 | 33.24 | 19.23 | 9.74 |
Shareholders equity total | 61.83 | 73.77 | 97.94 | 100.55 | 100.68 |
Balance sheet total (assets) | 138.08 | 138.28 | 182.98 | 183.98 | 175.17 |
Net debt | 0.40 | -7.22 | -2.71 | -18.97 | |
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 6.8 % | 3.8 % | 2.2 % |
ROA | 363.9 % | 389.5 % | 26.7 % | 13.6 % | 7.1 % |
ROE | 21.3 % | 26.8 % | 38.7 % | 19.4 % | 9.7 % |
ROI | 363.9 % | 389.5 % | 33.6 % | 21.7 % | 11.6 % |
Economic value added (EVA) | 462.79 | 535.11 | 29.25 | 15.29 | 4.99 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 53.5 % | 54.7 % | 57.5 % |
Gearing | 13.0 % | 12.5 % | 5.5 % | ||
Relative net indebtedness % | 0.1 % | 10.3 % | 10.6 % | 8.9 % | |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.3 | ||
Current ratio | 1.9 | 2.0 | 2.2 | ||
Cash and cash equivalents | -0.40 | 19.97 | 15.25 | 24.47 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.7 | 30.4 | 33.2 | ||
Net working capital % | -0.1 % | 11.0 % | 12.0 % | 14.2 % | |
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | AA |
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