GRAM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRAM A/S
GRAM A/S (CVR number: 26157455K) is a company from KOLDING. The company reported a net sales of 43.9 mEUR in 2024, demonstrating a decline of -14.1 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0.5 mEUR), while net earnings were 285.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. GRAM A/S's liquidity measured by quick ratio was 1.1 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 (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 45.08 | 51.69 | 58.79 | 51.12 | 43.93 |
Gross profit | 4.49 | 4.10 | 8.05 | 5.13 | 4.76 |
EBIT | 0.99 | 0.26 | 1.14 | 0.95 | 0.46 |
Net earnings | 0.79 | 0.13 | 0.78 | 0.67 | 0.29 |
Shareholders equity total | 9.72 | 8.85 | 9.63 | 9.80 | 10.08 |
Balance sheet total (assets) | 17.05 | 3.38 | 3.48 | 18.20 | 18.29 |
Net debt | -3.42 | 1.37 | -3.13 | -3.60 | -1.75 |
Profitability | |||||
EBIT-% | 2.2 % | 0.5 % | 1.9 % | 1.8 % | 1.1 % |
ROA | 6.8 % | 2.9 % | 35.0 % | 10.1 % | 3.1 % |
ROE | 8.2 % | 1.4 % | 8.5 % | 6.9 % | 2.9 % |
ROI | 10.1 % | 12.7 % | -23.9 % | 27.8 % | 4.9 % |
Economic value added (EVA) | 0.32 | -0.02 | 0.45 | 0.44 | 0.09 |
Solvency | |||||
Equity ratio | 57.0 % | 41.7 % | 53.0 % | 53.8 % | 55.1 % |
Gearing | 1.3 % | 18.9 % | 0.2 % | 8.0 % | 7.8 % |
Relative net indebtedness % | 8.4 % | 23.4 % | 9.2 % | 7.9 % | 12.9 % |
Liquidity | |||||
Quick ratio | 1.5 | -0.7 | -0.9 | 1.1 | 1.1 |
Current ratio | 2.1 | 2.0 | 2.0 | ||
Cash and cash equivalents | 3.55 | 0.30 | 3.15 | 4.39 | 2.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.6 | 66.3 | 30.4 | 25.4 | 42.7 |
Net working capital % | 16.1 % | -22.1 % | -12.7 % | 14.4 % | 16.9 % |
Credit risk | |||||
Credit rating | AA | BB | BB | AA | A |
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