GRANE PLANTAGES FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRANE PLANTAGES FOND
GRANE PLANTAGES FOND (CVR number: 81644918) is a company from FREDENSBORG. The company reported a net sales of 1.3 mDKK in 2024, demonstrating a decline of -6.2 % compared to the previous year. The operating profit percentage was poor at -10.9 % (EBIT: -0.1 mDKK), while net earnings were -102.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GRANE PLANTAGES FOND's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 691.06 | 940.70 | 950.06 | 1 378.21 | 1 292.65 |
Gross profit | 366.17 | 378.22 | 473.20 | 41.81 | - 132.42 |
EBIT | - 325.63 | - 378.26 | 174.62 | 33.31 | - 140.92 |
Net earnings | - 262.36 | - 327.04 | 53.83 | 42.83 | - 102.11 |
Shareholders equity total | 23 783.63 | 25 747.44 | 25 801.27 | 30 404.18 | 32 586.29 |
Balance sheet total (assets) | 31 360.83 | 33 635.82 | 33 823.36 | 39 521.42 | 42 666.51 |
Net debt | 1 082.69 | 1 717.66 | 1 438.73 | 2 050.11 | 1 650.99 |
Profitability | |||||
EBIT-% | -47.1 % | -40.2 % | 18.4 % | 2.4 % | -10.9 % |
ROA | -1.0 % | -1.1 % | 0.5 % | 0.2 % | -0.3 % |
ROE | -1.1 % | -1.3 % | 0.2 % | 0.2 % | -0.3 % |
ROI | -1.0 % | -1.2 % | 0.5 % | 0.2 % | -0.3 % |
Economic value added (EVA) | -1 749.66 | -1 850.55 | -1 546.79 | -1 661.18 | -2 094.16 |
Solvency | |||||
Equity ratio | 75.8 % | 76.5 % | 76.3 % | 76.9 % | 76.4 % |
Gearing | 10.2 % | 9.5 % | 9.5 % | 8.0 % | 7.5 % |
Relative net indebtedness % | 211.5 % | 197.1 % | 178.0 % | 151.9 % | 157.7 % |
Liquidity | |||||
Quick ratio | 3.6 | 5.4 | 4.0 | 19.4 | 2.1 |
Current ratio | 3.6 | 5.4 | 4.0 | 19.4 | 2.7 |
Cash and cash equivalents | 1 354.39 | 721.52 | 1 002.56 | 393.27 | 794.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 142.4 % | 64.0 % | 80.7 % | 57.1 % | 50.0 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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