GRANBY FOAM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRANBY FOAM ApS
GRANBY FOAM ApS (CVR number: 30593529) is a company from GULDBORGSUND. The company recorded a gross profit of 1116.8 kDKK in 2023. The operating profit was 174.6 kDKK, while net earnings were -115.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. GRANBY FOAM ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 589.60 | 3 022.12 | 1 452.71 | 1 129.31 | 1 116.83 |
EBIT | 2 134.13 | 2 217.10 | 492.33 | -17.05 | 174.57 |
Net earnings | 1 589.22 | 1 660.29 | 349.53 | 97.50 | - 115.82 |
Shareholders equity total | 3 318.15 | 3 778.45 | 4 127.98 | 4 225.49 | 4 109.66 |
Balance sheet total (assets) | 7 110.51 | 10 133.76 | 13 481.93 | 12 454.57 | 10 080.20 |
Net debt | 1 116.91 | 1 825.93 | 3 344.99 | 1 675.60 | 1 238.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.3 % | 26.8 % | 5.1 % | 2.3 % | 1.9 % |
ROE | 63.0 % | 46.8 % | 8.8 % | 2.3 % | -2.8 % |
ROI | 44.5 % | 32.4 % | 5.9 % | 2.5 % | 2.0 % |
Economic value added (EVA) | 1 577.69 | 1 562.12 | 190.19 | - 220.48 | 33.77 |
Solvency | |||||
Equity ratio | 46.7 % | 37.3 % | 30.6 % | 33.9 % | 40.8 % |
Gearing | 33.7 % | 48.3 % | 81.0 % | 97.2 % | 45.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 0.7 | 0.7 | 0.7 |
Current ratio | 1.8 | 1.6 | 1.3 | 1.4 | 1.7 |
Cash and cash equivalents | 2 430.95 | 639.77 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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