GROES BAGERI ApS — Credit Rating and Financial Key Figures

CVR number: 10028922
Østerbrogade 14, 9670 Løgstør

Credit rating

Company information

Official name
GROES BAGERI ApS
Personnel
28 persons
Established
2000
Company form
Private limited company
Industry

About GROES BAGERI ApS

GROES BAGERI ApS (CVR number: 10028922) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 4664.7 kDKK in 2023. The operating profit was 957.8 kDKK, while net earnings were 801.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -33 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GROES BAGERI ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 732.334 255.703 807.443 620.564 664.66
EBIT- 143.6443.05- 180.08- 533.80957.81
Net earnings- 157.4927.40- 155.85- 493.39801.73
Shareholders equity total-1 081.12-1 053.72-1 209.57-1 702.96- 901.23
Balance sheet total (assets)1 124.641 717.531 180.74916.101 833.79
Net debt1 201.74917.571 183.601 671.05812.42
Profitability
EBIT-%
ROA-6.2 %1.7 %-7.0 %-21.3 %35.8 %
ROE-12.1 %1.9 %-10.8 %-47.1 %58.3 %
ROI-9.0 %2.9 %-12.2 %-34.0 %53.9 %
Economic value added (EVA)-58.4985.11-30.09- 384.48960.17
Solvency
Equity ratio-49.0 %-38.0 %-50.6 %-65.0 %-33.0 %
Gearing-111.6 %-150.1 %-114.0 %-103.5 %-198.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.30.20.5
Current ratio0.30.50.40.30.6
Cash and cash equivalents4.50664.23194.8492.13978.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:35.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-33.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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