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
20192020202120222023
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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