Grundahl Flytteforretning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grundahl Flytteforretning ApS
Grundahl Flytteforretning ApS (CVR number: 41773596) is a company from GREVE. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -20 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 0 mDKK), while net earnings were 18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. Grundahl Flytteforretning ApS's liquidity measured by quick ratio was 1.7 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 1 945.46 | 1 704.88 | 1 364.55 |
Gross profit | 918.41 | 514.84 | 692.48 |
EBIT | 131.46 | 21.22 | 36.44 |
Net earnings | 97.24 | 4.52 | 18.42 |
Shareholders equity total | 137.24 | 141.76 | 160.18 |
Balance sheet total (assets) | 389.11 | 241.29 | 330.25 |
Net debt | -7.48 | -39.70 | 5.37 |
Profitability | |||
EBIT-% | 6.8 % | 1.2 % | 2.7 % |
ROA | 33.8 % | 6.7 % | 12.8 % |
ROE | 70.9 % | 3.2 % | 12.2 % |
ROI | 75.2 % | 13.4 % | 23.0 % |
Economic value added (EVA) | 101.58 | 11.92 | 23.31 |
Solvency | |||
Equity ratio | 35.3 % | 58.8 % | 48.5 % |
Gearing | 27.3 % | 0.2 % | 9.0 % |
Relative net indebtedness % | 10.6 % | 3.5 % | 11.8 % |
Liquidity | |||
Quick ratio | 1.6 | 1.7 | 1.7 |
Current ratio | 1.6 | 1.7 | 1.7 |
Cash and cash equivalents | 45.01 | 40.02 | 9.12 |
Capital use efficiency | |||
Trade debtors turnover (days) | 57.3 | 28.3 | 53.3 |
Net working capital % | 6.7 % | 4.3 % | 8.1 % |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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