F. GRUNNET HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35046070
Højbro Plads 6, 1200 København K

Credit rating

Company information

Official name
F. GRUNNET HOLDING A/S
Established
2013
Company form
Limited company
Industry

About F. GRUNNET HOLDING A/S

F. GRUNNET HOLDING A/S (CVR number: 35046070K) is a company from KØBENHAVN. The company reported a net sales of 1354.8 mDKK in 2024, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 89.8 mDKK), while net earnings were 165.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 57.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. F. GRUNNET HOLDING A/S's liquidity measured by quick ratio was 4.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 071.001 348.001 526.001 294.491 354.82
Gross profit306.00400.00362.00285.06338.07
EBIT96.00145.0072.0025.8789.82
Net earnings126.00218.00-8.00104.10165.60
Shareholders equity total923.001 123.001 108.001 200.431 364.87
Balance sheet total (assets)1 163.001 428.001 506.001 607.031 656.34
Net debt- 565.79- 708.78
Profitability
EBIT-%9.0 %10.8 %4.7 %2.0 %6.6 %
ROA8.4 %11.2 %4.9 %9.1 %13.6 %
ROE14.6 %21.3 %-0.7 %15.1 %57.6 %
ROI8.4 %11.2 %4.9 %9.8 %15.4 %
Economic value added (EVA)55.7598.6215.57-33.934.07
Solvency
Equity ratio100.0 %100.0 %100.0 %74.9 %82.5 %
Gearing15.5 %8.7 %
Relative net indebtedness %-27.1 %-39.9 %
Liquidity
Quick ratio2.94.7
Current ratio3.45.4
Cash and cash equivalents752.30827.24
Capital use efficiency
Trade debtors turnover (days)43.439.9
Net working capital %10.4 %14.0 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.5%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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