Grinden Holding Aps — Credit Rating and Financial Key Figures

CVR number: 40347003
Grenåvej 26, 8960 Randers SØ

Credit rating

Company information

Official name
Grinden Holding Aps
Established
2019
Company form
Private limited company
Industry

About Grinden Holding Aps

Grinden Holding Aps (CVR number: 40347003) is a company from RANDERS. The company recorded a gross profit of -8.9 kDKK in 2024. The operating profit was -8.9 kDKK, while net earnings were -605.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.9 %, which can be considered poor and Return on Equity (ROE) was -45.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Grinden Holding Aps's liquidity measured by quick ratio was 42 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-18.64-79.02-24.50-26.59-8.88
EBIT-18.64-79.02-24.50-26.59-8.88
Net earnings834.591 406.95-1 343.26497.21- 605.74
Shareholders equity total907.772 314.73971.471 468.671 212.94
Balance sheet total (assets)7 163.108 878.555 742.021 527.471 240.65
Net debt5 660.404 528.104 649.11- 161.01-4.47
Profitability
EBIT-%
ROA15.2 %20.5 %-7.4 %19.6 %-40.9 %
ROE170.2 %87.3 %-81.8 %40.8 %-45.2 %
ROI15.2 %19.6 %-7.6 %19.8 %-41.7 %
Economic value added (EVA)- 289.43- 429.78- 453.52- 308.27-82.06
Solvency
Equity ratio12.7 %26.1 %16.9 %96.2 %97.8 %
Gearing623.6 %250.5 %488.7 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.121.642.0
Current ratio0.81.11.121.642.0
Cash and cash equivalents0.201 270.3498.03199.814.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-40.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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