GRENEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27985823
Svanevej 8, 6920 Videbæk

Credit rating

Company information

Official name
GRENEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About GRENEN HOLDING ApS

GRENEN HOLDING ApS (CVR number: 27985823) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 85.5 kDKK in 2023. The operating profit was 69.5 kDKK, while net earnings were 35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46 %, 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. GRENEN HOLDING ApS's liquidity measured by quick ratio was 2.1 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 profit89.4890.8489.6076.2185.53
EBIT73.4874.8473.6060.2169.53
Net earnings79.1673.7222.99-75.6235.66
Shareholders equity total1 433.221 396.341 306.331 116.311 034.97
Balance sheet total (assets)2 481.142 450.562 348.032 224.512 248.54
Net debt236.13250.71340.24502.92554.33
Profitability
EBIT-%
ROA5.4 %4.5 %5.9 %2.6 %5.0 %
ROE5.5 %5.2 %1.7 %-6.2 %3.3 %
ROI5.5 %4.6 %6.0 %2.7 %5.2 %
Economic value added (EVA)-29.91-16.21-32.98-33.4514.25
Solvency
Equity ratio57.8 %57.0 %55.6 %50.2 %46.0 %
Gearing69.8 %71.6 %76.6 %92.8 %110.0 %
Relative net indebtedness %
Liquidity
Quick ratio15.913.815.90.52.1
Current ratio15.913.815.90.52.1
Cash and cash equivalents763.87749.29659.76532.48584.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.00%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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