GRINDSTED AUTOMATSERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 35047409
Gammel Vejlevej 2 B, 7200 Grindsted
kd@kdrevision.dk
tel: 70204666
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Company information

Official name
GRINDSTED AUTOMATSERVICE ApS
Established
2013
Company form
Private limited company
Industry

About GRINDSTED AUTOMATSERVICE ApS

GRINDSTED AUTOMATSERVICE ApS (CVR number: 35047409) is a company from BILLUND. The company recorded a gross profit of 127.7 kDKK in 2023. The operating profit was -29.4 kDKK, while net earnings were -14.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GRINDSTED AUTOMATSERVICE ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit119.2235.4141.77126.79127.75
EBIT72.652.64-10.1767.67-29.39
Net earnings60.1820.64-13.0650.98-14.23
Shareholders equity total297.36318.00304.94355.91341.69
Balance sheet total (assets)351.40445.36401.64468.78489.43
Net debt27.3257.8082.4875.11105.06
Profitability
EBIT-%
ROA19.2 %0.7 %-2.4 %15.5 %-3.1 %
ROE22.5 %6.7 %-4.2 %15.4 %-4.1 %
ROI25.6 %0.8 %-2.7 %16.5 %-3.4 %
Economic value added (EVA)51.11-12.30-23.9237.44-40.83
Solvency
Equity ratio84.6 %71.4 %75.9 %75.9 %69.8 %
Gearing9.2 %18.2 %27.0 %21.2 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio6.13.24.04.03.2
Current ratio6.43.34.24.23.3
Cash and cash equivalents0.200.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.11%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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