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

CVR number: 43521381
Marselis Tværvej 4, 8000 Aarhus C

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 2771.2 kDKK in 2024. The operating profit was 3651.2 kDKK, while net earnings were 2069.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K/S Grenaa, Søndergade-Kannikegade's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 641.242 704.722 771.23
EBIT- 640.445 645.123 651.23
Net earnings- 795.444 105.982 069.35
Shareholders equity total15 704.5619 810.5421 879.90
Balance sheet total (assets)54 935.6854 840.3756 089.69
Net debt34 615.9734 589.4433 927.22
Profitability
EBIT-%
ROA-1.2 %10.3 %6.6 %
ROE-5.1 %23.1 %9.9 %
ROI-1.3 %10.7 %6.6 %
Economic value added (EVA)- 640.443 180.88984.09
Solvency
Equity ratio28.6 %36.1 %39.0 %
Gearing224.0 %174.6 %155.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.10.4
Current ratio0.60.10.4
Cash and cash equivalents566.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:6.58%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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