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GRINDHØEGH ApS — Credit Rating and Financial Key Figures

CVR number: 41809914
Hjorterodsvej 12, 8500 Grenaa
Free credit report Annual report

Company information

Official name
GRINDHØEGH ApS
Personnel
1 person
Established
1976
Company form
Private limited company
Industry

About GRINDHØEGH ApS

GRINDHØEGH ApS (CVR number: 41809914) is a company from NORDDJURS. The company recorded a gross profit of -6059.9 kDKK in 2025. The operating profit was -6360.8 kDKK, while net earnings were -6867.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48 %, which can be considered poor and Return on Equity (ROE) was -85.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. GRINDHØEGH ApS's liquidity measured by quick ratio was 2.3 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit48.27-69.38-36.34- 178.99-6 059.93
EBIT- 154.42- 247.11- 337.15- 539.44-6 360.85
Net earnings572.02-82.25- 381.83-1 085.77-6 867.40
Shareholders equity total13 388.2413 205.9912 724.1611 538.394 570.99
Balance sheet total (assets)14 683.9314 534.4313 956.2716 421.989 925.52
Net debt-5 859.54-3 090.96-2 176.142 356.763 044.95
Profitability
EBIT-%
ROA9.2 %5.1 %-1.6 %-3.4 %-48.0 %
ROE4.3 %-0.6 %-2.9 %-9.0 %-85.3 %
ROI9.5 %5.4 %-1.7 %-3.5 %-50.4 %
Economic value added (EVA)- 760.69- 857.54- 968.52-1 251.20-7 152.57
Solvency
Equity ratio91.2 %90.9 %91.2 %70.3 %46.1 %
Gearing2.3 %2.8 %4.1 %36.5 %99.9 %
Relative net indebtedness %
Liquidity
Quick ratio6.32.92.63.52.3
Current ratio6.34.54.514.12.3
Cash and cash equivalents6 164.353 455.282 699.631 860.491 519.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBB

Variable visualization

ROA:-48.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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