GRØNFELDT EJENDOMME LANGESKOV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNFELDT EJENDOMME LANGESKOV A/S
GRØNFELDT EJENDOMME LANGESKOV A/S (CVR number: 29141584) is a company from KERTEMINDE. The company recorded a gross profit of 815.7 kDKK in 2023. The operating profit was 543.1 kDKK, while net earnings were -204.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. GRØNFELDT EJENDOMME LANGESKOV A/S's liquidity measured by quick ratio was 0.5 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 | 49.64 | 571.64 | 739.38 | 717.10 | 815.68 |
EBIT | - 204.09 | 308.41 | 416.18 | 384.34 | 543.09 |
Net earnings | - 643.23 | 223.63 | -1 870.42 | -13.23 | - 204.58 |
Shareholders equity total | 6 671.73 | 6 895.36 | 5 024.94 | 3 011.70 | 2 807.12 |
Balance sheet total (assets) | 11 001.46 | 11 531.04 | 9 684.95 | 6 856.11 | 6 431.20 |
Net debt | 764.78 | 767.41 | 277.61 | - 846.51 | -1 388.40 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.1 % | 3.3 % | -15.8 % | 1.8 % | -0.3 % |
ROE | -9.2 % | 3.3 % | -31.4 % | -0.3 % | -7.0 % |
ROI | -7.2 % | 4.7 % | -23.2 % | 2.9 % | -0.6 % |
Economic value added (EVA) | - 130.92 | 282.14 | 338.31 | 342.07 | 427.02 |
Solvency | |||||
Equity ratio | 60.6 % | 59.8 % | 51.9 % | 43.9 % | 43.6 % |
Gearing | 11.5 % | 11.1 % | 13.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.1 | 0.4 | 0.5 |
Current ratio | 0.0 | 0.0 | 0.1 | 0.4 | 0.5 |
Cash and cash equivalents | 0.68 | 396.01 | 846.51 | 1 388.40 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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