EC GRØNNING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29782075
Grabows Vej 24, 9460 Brovst

Company information

Official name
EC GRØNNING HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About EC GRØNNING HOLDING ApS

EC GRØNNING HOLDING ApS (CVR number: 29782075) is a company from JAMMERBUGT. The company recorded a gross profit of -10 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were 384.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 149.2 %, which can be considered excellent and Return on Equity (ROE) was 123.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EC GRØNNING HOLDING ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-7.41-5.85-3.87-12.62-10.00
EBIT-50.69-5.85-3.87-12.62-10.00
Net earnings222.22-1 589.32-1 680.08208.82384.72
Shareholders equity total1 007.931 232.42- 447.65- 238.84145.89
Balance sheet total (assets)1 333.321 588.56236.81479.323 717.14
Net debt24.66251.70278.052 761.04
Profitability
EBIT-%
ROA18.7 %-108.1 %-145.2 %32.9 %149.2 %
ROE24.8 %-141.9 %-228.7 %58.3 %123.1 %
ROI25.9 %-139.0 %-216.7 %84.9 %22.5 %
Economic value added (EVA)-23.5437.9229.4720.8825.31
Solvency
Equity ratio75.6 %77.6 %-65.4 %-33.3 %3.9 %
Gearing2.6 %-57.8 %-119.3 %1893.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.40.00.00.4
Current ratio0.80.40.00.00.4
Cash and cash equivalents7.067.006.951.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:149.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.92%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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