L. GRØNFELDT A/S. HORSENS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 128.96 | 611.17 | - 295.27 | - 323.31 | 247.49 |
Shareholders equity total | 3 594.99 | 3 756.16 | 3 010.89 | 2 237.59 | 2 035.07 |
Balance sheet total (assets) | 3 625.97 | 3 922.08 | 3 044.87 | 2 277.86 | 2 059.07 |
Net debt | -2.57 | 5.52 | 0.10 | -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 ratio | 99.1 % | 95.8 % | 98.9 % | 98.2 % | 98.8 % |
Gearing | 0.4 % | 0.4 % | 0.5 % | 0.3 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 0.9 | 3.2 | 1.2 | 0.6 |
Current ratio | 2.4 | 0.9 | 3.2 | 1.2 | 0.6 |
Cash and cash equivalents | 18.55 | 9.22 | 13.88 | 25.27 | 13.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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