Grumsen Development ApS — Credit Rating and Financial Key Figures

CVR number: 37051373
Bådebrogade 1, 6700 Esbjerg
contact@grumsendev.com
tel: 93939595
www.grumsendev.dk

Credit rating

Company information

Official name
Grumsen Development ApS
Personnel
5 persons
Established
2015
Company form
Private limited company
Industry

About Grumsen Development ApS

Grumsen Development ApS (CVR number: 37051373) is a company from ESBJERG. The company recorded a gross profit of 2705.2 kDKK in 2024. The operating profit was 833.9 kDKK, while net earnings were 652.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 66.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. Grumsen Development ApS's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit503.631 824.002 251.202 244.902 705.19
EBIT15.28769.62584.35378.88833.86
Net earnings11.55597.82452.36295.01652.43
Shareholders equity total254.42852.24954.60899.611 052.04
Balance sheet total (assets)470.171 457.861 573.691 787.911 968.98
Net debt- 462.52-1 237.06- 849.55-1 274.75-1 226.82
Profitability
EBIT-%
ROA3.7 %79.8 %38.6 %22.6 %44.6 %
ROE4.6 %108.0 %50.1 %31.8 %66.9 %
ROI6.1 %135.7 %60.6 %37.0 %78.7 %
Economic value added (EVA)-0.47587.12411.33242.29599.48
Solvency
Equity ratio54.1 %58.5 %60.7 %50.3 %53.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.12.32.11.61.9
Current ratio2.12.32.11.61.9
Cash and cash equivalents462.521 237.06849.551 274.751 226.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:44.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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