GRAM EQUIPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRAM EQUIPMENT A/S
GRAM EQUIPMENT A/S (CVR number: 21274208K) is a company from KOLDING. The company reported a net sales of 943.3 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 50.3 mDKK), while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. GRAM EQUIPMENT A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 591.00 | 667.00 | 754.00 | 936.41 | 943.25 |
Gross profit | 238.00 | 282.00 | 324.00 | 353.82 | 384.10 |
EBIT | -29.00 | 34.00 | 65.00 | 59.34 | 50.34 |
Net earnings | -41.00 | 25.00 | 68.00 | 59.81 | 14.53 |
Shareholders equity total | 73.00 | 104.00 | 167.00 | 241.51 | 356.20 |
Balance sheet total (assets) | 510.00 | 492.00 | 682.00 | 836.38 | 849.34 |
Net debt | 226.99 | 165.15 | |||
Profitability | |||||
EBIT-% | -4.9 % | 5.1 % | 8.6 % | 6.3 % | 5.3 % |
ROA | -5.6 % | 6.8 % | 11.1 % | 12.3 % | 7.4 % |
ROE | -14.3 % | 28.2 % | 50.2 % | 29.3 % | 4.9 % |
ROI | -7.2 % | 6.8 % | 11.1 % | 15.7 % | 11.8 % |
Economic value added (EVA) | -25.72 | 30.33 | 59.77 | 48.42 | 19.76 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 28.9 % | 41.9 % |
Gearing | 101.9 % | 56.0 % | |||
Relative net indebtedness % | 60.2 % | 48.3 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | |||
Current ratio | 1.4 | 1.6 | |||
Cash and cash equivalents | 19.17 | 34.23 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.1 | 63.5 | |||
Net working capital % | 21.6 % | 32.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.