Grinden Holding Aps — Credit Rating and Financial Key Figures

CVR number: 40347003
Grenåvej 26, 8960 Randers SØ

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 -26.6 kDKK in 2023. The operating profit was -26.6 kDKK, while net earnings were 497.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 40.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.2 %, 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 21.6 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 profit-64.35-18.64-79.02-24.50-26.59
EBIT-64.35-18.64-79.02-24.50-26.59
Net earnings- 496.82834.591 406.95-1 343.26497.21
Shareholders equity total73.18907.772 314.73971.471 468.67
Balance sheet total (assets)5 480.477 163.108 878.555 742.021 527.47
Net debt10 751.365 660.404 528.104 649.11- 161.01
Profitability
EBIT-%
ROA-8.4 %15.2 %20.5 %-7.4 %19.6 %
ROE-678.9 %170.2 %87.3 %-81.8 %40.8 %
ROI-8.4 %15.2 %19.6 %-7.6 %19.8 %
Economic value added (EVA)-50.2033.6835.3797.84-51.12
Solvency
Equity ratio0.5 %12.7 %26.1 %16.9 %96.2 %
Gearing14723.3 %623.6 %250.5 %488.7 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.11.121.6
Current ratio0.80.81.11.121.6
Cash and cash equivalents23.750.201 270.3498.03199.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBA

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.