KIRSTEN OG OLE GRØNLUND A/S — Credit Rating and Financial Key Figures

CVR number: 32284159
Frisdalsvej 18, Frisdal 9500 Hobro
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Credit rating

Company information

Official name
KIRSTEN OG OLE GRØNLUND A/S
Established
2009
Domicile
Frisdal
Company form
Limited company
Industry

About KIRSTEN OG OLE GRØNLUND A/S

KIRSTEN OG OLE GRØNLUND A/S (CVR number: 32284159) is a company from MARIAGERFJORD. The company reported a net sales of 2.9 mDKK in 2024, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 2.9 mDKK), while net earnings were 3439.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRSTEN OG OLE GRØNLUND A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales6 908.78-4 712.701 964.892 779.842 909.53
Gross profit6 900.65-4 721.481 955.832 770.122 883.04
EBIT6 900.65-4 721.481 955.832 770.122 883.04
Net earnings6 913.83-4 717.471 963.412 750.553 439.34
Shareholders equity total95 190.5689 473.0990 436.5092 187.0594 626.38
Balance sheet total (assets)95 868.3989 520.5391 320.2392 923.0494 626.38
Net debt232.56-16 068.26
Profitability
EBIT-%99.9 %99.5 %99.7 %99.1 %
ROA7.4 %-5.1 %2.2 %3.0 %3.9 %
ROE7.5 %-5.1 %2.2 %3.0 %3.7 %
ROI7.5 %-5.1 %2.2 %3.0 %3.9 %
Economic value added (EVA)2 423.17-9 503.62-2 540.03-1 777.13-1 870.60
Solvency
Equity ratio99.3 %99.9 %99.0 %99.2 %100.0 %
Gearing0.3 %
Relative net indebtedness %9.8 %-1.0 %45.0 %26.5 %-552.3 %
Liquidity
Quick ratio136.210.85.6134.1
Current ratio136.210.85.6134.1
Cash and cash equivalents16 068.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %16.5 %-9.8 %56.2 %41.7 %257.5 %
Credit risk
Credit ratingABBBAAAABBB

Variable visualization

ROA:3.86%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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