Grevang Equity ApS — Credit Rating and Financial Key Figures

CVR number: 39080761
Fasanvænget 2, Hjerting 6710 Esbjerg V

Company information

Official name
Grevang Equity ApS
Established
2017
Domicile
Hjerting
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings58.48330.65734.021 273.21480.30
Shareholders equity total296.52627.171 361.192 634.393 114.69
Balance sheet total (assets)537.59823.262 548.343 640.173 931.05
Net debt237.74169.401 110.71738.83561.86
Profitability
EBIT-%
ROA12.5 %48.6 %43.3 %41.3 %13.3 %
ROE21.9 %71.6 %73.8 %63.7 %16.7 %
ROI13.2 %49.3 %44.6 %43.7 %14.3 %
Economic value added (EVA)10.345.1414.6514.425.32
Solvency
Equity ratio55.2 %76.2 %53.4 %72.4 %79.2 %
Gearing80.2 %28.7 %81.6 %28.1 %18.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.42.13.1
Current ratio1.01.31.42.13.1
Cash and cash equivalents0.0110.600.292.175.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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