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Grandad ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grandad ApS
Grandad ApS (CVR number: 39338718) is a company from GENTOFTE. The company recorded a gross profit of 20.9 kDKK in 2024. The operating profit was -63.5 kDKK, while net earnings were -66.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.1 %, which can be considered poor and Return on Equity (ROE) was -58.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Grandad ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 623.88 | 98.56 | 352.50 | -5.45 | 20.89 |
| EBIT | 228.01 | - 125.15 | 242.61 | -89.83 | -63.48 |
| Net earnings | 155.76 | - 126.04 | 156.22 | -84.07 | -66.11 |
| Shareholders equity total | 200.44 | 74.41 | 230.63 | 146.53 | 80.42 |
| Balance sheet total (assets) | 846.83 | 805.71 | 917.74 | 465.32 | 376.58 |
| Net debt | 520.57 | 697.92 | 645.75 | 55.53 | 135.49 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.2 % | -15.1 % | 28.2 % | -13.0 % | -15.1 % |
| ROE | 127.1 % | -91.7 % | 102.4 % | -44.6 % | -58.3 % |
| ROI | 30.1 % | -16.8 % | 29.4 % | -14.1 % | -16.6 % |
| Economic value added (EVA) | 136.92 | - 134.11 | 146.53 | - 109.39 | -74.99 |
| Solvency | |||||
| Equity ratio | 23.7 % | 9.2 % | 25.1 % | 31.5 % | 21.4 % |
| Gearing | 259.7 % | 938.0 % | 280.0 % | 174.3 % | 353.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 0.9 | 1.1 | 1.2 | 1.3 |
| Current ratio | 1.1 | 0.9 | 1.1 | 1.2 | 1.3 |
| Cash and cash equivalents | 199.83 | 148.77 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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