GRID System ApS — Credit Rating and Financial Key Figures

CVR number: 21685798
Smedevangen 2, 3540 Lynge
finance@gridsystem.dk
tel: 66124062
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit9 168.927 865.736 842.779 919.176 165.17
Employee benefit expenses-5 108.92-5 453.44-5 944.65-6 094.63-5 761.22
Total depreciation- 188.26- 284.10- 339.29- 346.08- 319.06
EBIT3 871.742 128.19558.833 478.4784.89
Other financial income54.1024.0548.73
Other financial expenses-95.81-59.35-35.63-17.13-51.63
Pre-tax profit3 775.922 122.94523.213 485.3882.00
Income taxes- 832.73- 496.26- 131.63- 775.06-29.30
Net earnings2 943.201 626.69391.582 710.3252.70

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure256.80214.35161.86109.3756.87
Intangible assets total256.80214.35161.86109.3756.87
Buildings44.5031.1522.2513.354.45
Machinery and equipment1 020.82854.941 134.65887.77630.11
Advance payments and construction in progress334.56
Tangible assets total1 065.321 220.651 156.90901.12634.56
Investments total
Long term receivables total
Raw materials and consumables1 187.891 466.311 261.971 590.821 262.80
Finished products/goods2 018.061 765.752 064.492 059.781 954.05
Inventories total3 205.943 232.063 326.473 650.603 216.85
Current trade debtors984.841 553.942 140.123 029.71811.61
Prepayments and accrued income287.31104.76114.15208.17
Current other receivables1 093.601 798.90537.67375.95560.27
Current deferred tax assets11.1811.1855.27
Short term receivables total2 078.433 640.152 793.733 531.001 635.33
Cash and bank deposits5 884.574 395.492 369.174 300.903 850.66
Cash and cash equivalents5 884.574 395.492 369.174 300.903 850.66
Balance sheet total (assets)12 491.0712 702.719 808.1412 493.009 394.25

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital310.00310.00310.00310.00500.00
Shares repurchased2 800.00160.0040.001 350.00
Other reserves200.30167.20126.2585.3144.36
Retained earnings1 057.753 874.055 501.684 584.207 145.47
Profit of the financial year2 943.201 626.69391.582 710.3252.70
Shareholders equity total7 311.246 137.936 369.519 039.837 742.53
Provisions124.60108.0398.0673.0041.60
Non-current deferred tax liabilities745.71394.82655.83
Non-current liabilities total745.71394.82655.83
Advances received461.292 364.36323.75684.78250.20
Current trade creditors1 252.921 817.991 188.251 556.411 024.06
Short-term deferred tax liabilities980.98
Other non-interest bearing current liabilities1 614.331 879.571 828.57483.14335.86
Current liabilities total4 309.516 061.923 340.572 724.331 610.12
Balance sheet total (liabilities)12 491.0712 702.719 808.1412 493.009 394.25
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