SØSTRENE GRENES IMPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 776.40 | 881.61 | 1 188.36 | 1 287.38 | 1 507.74 |
Gross profit | 151.25 | 262.84 | 377.69 | 391.66 | 493.54 |
EBIT | -13.91 | 84.71 | 161.73 | 148.75 | 205.47 |
Net earnings | -6.92 | 64.94 | 130.39 | 123.69 | 157.25 |
Shareholders equity total | 293.70 | 324.86 | 441.26 | 356.63 | 395.17 |
Balance sheet total (assets) | 687.62 | 705.69 | 793.68 | 703.88 | 792.07 |
Net debt | 254.73 | 201.48 | 41.89 | 36.87 | 106.92 |
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) | -30.14 | 46.00 | 102.20 | 93.47 | 144.60 |
Solvency | |||||
Equity ratio | 42.7 % | 46.0 % | 55.6 % | 50.7 % | 49.9 % |
Gearing | 89.6 % | 65.2 % | 28.3 % | 29.3 % | 32.2 % |
Relative net indebtedness % | 48.9 % | 40.8 % | 21.6 % | 20.5 % | 23.6 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.5 | 1.7 | 1.2 | 1.1 |
Current ratio | 1.5 | 2.3 | 2.5 | 2.0 | 1.7 |
Cash and cash equivalents | 8.54 | 10.37 | 83.13 | 67.71 | 20.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.1 | 10.2 | 7.1 | 6.4 | 3.2 |
Net working capital % | 17.3 % | 27.6 % | 26.4 % | 16.5 % | 13.9 % |
Credit risk | |||||
Credit rating | A | AAA | AAA | AAA | AAA |
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