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K/S Grenaa, Søndergade-Kannikegade — Credit Rating and Financial Key Figures

CVR number: 43521381
Marselis Tværvej 4, 8000 Aarhus C
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Company information

Official name
K/S Grenaa, Søndergade-Kannikegade
Established
2022
Company form
Limited partnership
Industry

About K/S Grenaa, Søndergade-Kannikegade

K/S Grenaa, Søndergade-Kannikegade (CVR number: 43521381) is a company from AARHUS. The company recorded a gross profit of 3156.3 kDKK in 2025. The operating profit was 3236.3 kDKK, while net earnings were 1682.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. K/S Grenaa, Søndergade-Kannikegade's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
2025
Volume
Net sales
Gross profit- 641.242 704.722 771.233 156.33
EBIT- 640.445 645.123 651.233 236.33
Net earnings- 795.444 105.982 069.351 682.43
Shareholders equity total15 704.5619 810.5421 879.9023 562.33
Balance sheet total (assets)54 935.6854 840.3756 089.6956 607.05
Net debt34 615.9734 589.4433 927.2232 631.83
Profitability
EBIT-%
ROA-1.2 %10.3 %6.6 %5.7 %
ROE-5.1 %23.1 %9.9 %7.4 %
ROI-1.3 %10.7 %6.6 %5.8 %
Economic value added (EVA)- 640.443 088.05917.63432.02
Solvency
Equity ratio28.6 %36.1 %39.0 %41.6 %
Gearing224.0 %174.6 %155.1 %138.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.10.40.6
Current ratio0.60.10.40.6
Cash and cash equivalents566.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:5.74%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.6%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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