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Grand Systems ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grand Systems ApS
Grand Systems ApS (CVR number: 42289086) is a company from KØBENHAVN. The company recorded a gross profit of -644.5 kDKK in 2024. The operating profit was -2971.3 kDKK, while net earnings were -2938.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.4 %, which can be considered poor and Return on Equity (ROE) was -94.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. Grand Systems ApS's liquidity measured by quick ratio was 90 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 106.32 | 24.31 | 304.42 | - 644.55 |
| EBIT | - 196.42 | -1 222.66 | -1 307.78 | -2 971.31 |
| Net earnings | - 155.55 | -1 054.64 | -1 593.25 | -2 938.58 |
| Shareholders equity total | 684.95 | - 369.69 | - 962.95 | 4 904.64 |
| Balance sheet total (assets) | 712.39 | 1 383.44 | 1 293.21 | 9 773.44 |
| Net debt | - 640.36 | - 943.88 | -1 034.49 | -9 358.59 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -27.6 % | -99.2 % | -65.0 % | -49.4 % |
| ROE | -22.7 % | -102.0 % | -119.0 % | -94.8 % |
| ROI | -28.7 % | -357.0 % | -121.2 % | |
| Economic value added (EVA) | - 153.56 | - 998.92 | -1 379.27 | -2 698.92 |
| Solvency | ||||
| Equity ratio | 96.1 % | -22.4 % | -50.8 % | 52.6 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 25.5 | 20.8 | 10.3 | 90.0 |
| Current ratio | 25.5 | 8.1 | 2.6 | 17.6 |
| Cash and cash equivalents | 640.36 | 943.88 | 1 034.49 | 9 358.59 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | C | B |
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