SØSTRENE GRENES IMPORT A/S — Credit Rating and Financial Key Figures

CVR number: 76220115
Mariane Thomsens Gade 1 C, 8000 Aarhus C
finance@sostrenegrene.com
tel: 87343810

Credit rating

Company information

Official name
SØSTRENE GRENES IMPORT A/S
Personnel
580 persons
Established
1984
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SØSTRENE GRENES IMPORT A/S

SØSTRENE GRENES IMPORT A/S (CVR number: 76220115) is a company from AARHUS. The company reported a net sales of 1507.7 mDKK in 2023, demonstrating a growth of 17.1 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 205.5 mDKK), while net earnings were 157.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 41.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. SØSTRENE GRENES IMPORT A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales776.40881.611 188.361 287.381 507.74
Gross profit151.25262.84377.69391.66493.54
EBIT-13.9184.71161.73148.75205.47
Net earnings-6.9264.94130.39123.69157.25
Shareholders equity total293.70324.86441.26356.63395.17
Balance sheet total (assets)687.62705.69793.68703.88792.07
Net debt254.73201.4841.8936.87106.92
Profitability
EBIT-%-1.8 %9.6 %13.6 %11.6 %13.6 %
ROA-0.8 %13.3 %23.9 %23.0 %28.8 %
ROE-2.3 %21.0 %34.0 %31.0 %41.8 %
ROI-0.9 %16.1 %31.0 %31.7 %41.2 %
Economic value added (EVA)-30.1446.00102.2093.47144.60
Solvency
Equity ratio42.7 %46.0 %55.6 %50.7 %49.9 %
Gearing89.6 %65.2 %28.3 %29.3 %32.2 %
Relative net indebtedness %48.9 %40.8 %21.6 %20.5 %23.6 %
Liquidity
Quick ratio1.01.51.71.21.1
Current ratio1.52.32.52.01.7
Cash and cash equivalents8.5410.3783.1367.7120.40
Capital use efficiency
Trade debtors turnover (days)28.110.27.16.43.2
Net working capital %17.3 %27.6 %26.4 %16.5 %13.9 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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