KURT GRØNFELDT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33352441
Rågholmvej 7, 8410 Rønde

Company information

Official name
KURT GRØNFELDT HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About KURT GRØNFELDT HOLDING ApS

KURT GRØNFELDT HOLDING ApS (CVR number: 33352441) is a company from SYDDJURS. The company recorded a gross profit of 50.7 kDKK in 2023. The operating profit was -19.3 kDKK, while net earnings were 393.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. KURT GRØNFELDT HOLDING ApS's liquidity measured by quick ratio was 18 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit52.6379.5179.1958.6350.69
EBIT30.3955.4045.02-11.37-19.34
Net earnings19.21552.91839.94795.18393.74
Shareholders equity total1 441.601 883.912 610.853 291.623 567.56
Balance sheet total (assets)2 413.982 897.446 772.317 221.227 303.71
Net debt811.22791.943 669.203 668.943 626.98
Profitability
EBIT-%
ROA1.9 %22.1 %19.3 %14.0 %8.7 %
ROE1.3 %33.3 %37.4 %26.9 %11.5 %
ROI2.0 %23.2 %20.6 %14.7 %8.8 %
Economic value added (EVA)-11.40-28.16-2.53- 239.86- 160.91
Solvency
Equity ratio59.7 %65.0 %38.6 %45.6 %48.8 %
Gearing60.3 %43.1 %140.8 %111.9 %102.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.52.15.318.0
Current ratio2.71.52.15.318.0
Cash and cash equivalents57.9819.456.6214.7313.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.67%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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