GRYMER GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRYMER GROUP ApS
GRYMER GROUP ApS (CVR number: 21641308) is a company from KØBENHAVN. The company recorded a gross profit of -53.2 kDKK in 2023. The operating profit was -55.7 kDKK, while net earnings were 67 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50 %, 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. GRYMER GROUP ApS's liquidity measured by quick ratio was 27.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 307.01 | ||||
Gross profit | 287.09 | 66.18 | 236.29 | - 108.21 | -53.19 |
EBIT | - 189.95 | 26.97 | 274.39 | - 112.56 | -55.69 |
Net earnings | - 108.06 | 152.02 | 62.21 | - 122.59 | 67.03 |
Shareholders equity total | 5 437.63 | 5 534.35 | 5 540.06 | 5 360.27 | 5 368.39 |
Balance sheet total (assets) | 5 692.71 | 6 769.99 | 6 529.28 | 6 394.36 | 10 727.34 |
Net debt | -2 347.55 | -1 449.00 | -1 167.74 | - 800.13 | - 454.32 |
Profitability | |||||
EBIT-% | -61.9 % | ||||
ROA | -1.8 % | 2.7 % | 4.1 % | -1.1 % | 3.1 % |
ROE | -2.0 % | 2.8 % | 1.1 % | -2.2 % | 1.2 % |
ROI | -1.9 % | 2.8 % | 4.2 % | -1.2 % | 1.1 % |
Economic value added (EVA) | - 186.72 | 34.08 | 279.01 | - 122.36 | -74.93 |
Solvency | |||||
Equity ratio | 95.5 % | 81.7 % | 84.8 % | 83.8 % | 50.0 % |
Gearing | 17.4 % | 17.3 % | 17.9 % | 92.4 % | |
Relative net indebtedness % | -681.6 % | ||||
Liquidity | |||||
Quick ratio | 9.5 | 9.1 | 78.6 | 24.2 | 27.5 |
Current ratio | 9.5 | 9.1 | 78.6 | 24.2 | 27.5 |
Cash and cash equivalents | 2 347.55 | 2 410.20 | 2 128.94 | 1 761.33 | 5 415.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 98.1 | ||||
Net working capital % | 561.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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