Grevang Equity ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grevang Equity ApS
Grevang Equity ApS (CVR number: 39080761) is a company from ESBJERG. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were 480.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. Grevang Equity ApS's liquidity measured by quick ratio was 3.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -2.00 | -2.50 | -3.13 | -5.63 |
EBIT | -3.75 | -2.00 | -2.50 | -3.13 | -5.63 |
Net earnings | 58.48 | 330.65 | 734.02 | 1 273.21 | 480.30 |
Shareholders equity total | 296.52 | 627.17 | 1 361.19 | 2 634.39 | 3 114.69 |
Balance sheet total (assets) | 537.59 | 823.26 | 2 548.34 | 3 640.17 | 3 931.05 |
Net debt | 237.74 | 169.40 | 1 110.71 | 738.83 | 561.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 48.6 % | 43.3 % | 41.3 % | 13.3 % |
ROE | 21.9 % | 71.6 % | 73.8 % | 63.7 % | 16.7 % |
ROI | 13.2 % | 49.3 % | 44.6 % | 43.7 % | 14.3 % |
Economic value added (EVA) | 10.34 | 5.14 | 14.65 | 14.42 | 5.32 |
Solvency | |||||
Equity ratio | 55.2 % | 76.2 % | 53.4 % | 72.4 % | 79.2 % |
Gearing | 80.2 % | 28.7 % | 81.6 % | 28.1 % | 18.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.4 | 2.1 | 3.1 |
Current ratio | 1.0 | 1.3 | 1.4 | 2.1 | 3.1 |
Cash and cash equivalents | 0.01 | 10.60 | 0.29 | 2.17 | 5.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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