L. GRØNFELDT A/S. HORSENS — Credit Rating and Financial Key Figures

CVR number: 33899513
Langelinie 4 F, 8700 Horsens

Credit rating

Company information

Official name
L. GRØNFELDT A/S. HORSENS
Established
1971
Company form
Limited company
Industry

About L. GRØNFELDT A/S. HORSENS

L. GRØNFELDT A/S. HORSENS (CVR number: 33899513) is a company from HORSENS. The company recorded a gross profit of -40.4 kDKK in 2023. The operating profit was -40.4 kDKK, while net earnings were 247.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L. GRØNFELDT A/S. HORSENS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-46.95-33.72-39.79-35.90-40.36
EBIT-46.95-33.72-39.79-35.90-40.36
Net earnings- 128.96611.17- 295.27- 323.31247.49
Shareholders equity total3 594.993 756.163 010.892 237.592 035.07
Balance sheet total (assets)3 625.973 922.083 044.872 277.862 059.07
Net debt-2.575.520.10-19.44-9.77
Profitability
EBIT-%
ROA-1.2 %20.8 %-1.1 %-1.3 %11.4 %
ROE-3.3 %16.6 %-8.7 %-12.3 %11.6 %
ROI-1.2 %21.2 %-1.2 %-1.4 %11.6 %
Economic value added (EVA)- 245.81- 206.02- 219.32- 198.95- 151.53
Solvency
Equity ratio99.1 %95.8 %98.9 %98.2 %98.8 %
Gearing0.4 %0.4 %0.5 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.40.93.21.20.6
Current ratio2.40.93.21.20.6
Cash and cash equivalents18.559.2213.8825.2713.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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