F. GRUNNET HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 071.00 | 1 348.00 | 1 526.00 | 1 294.49 | 1 354.82 |
Gross profit | 306.00 | 400.00 | 362.00 | 285.06 | 338.07 |
EBIT | 96.00 | 145.00 | 72.00 | 25.87 | 89.82 |
Net earnings | 126.00 | 218.00 | -8.00 | 104.10 | 165.60 |
Shareholders equity total | 923.00 | 1 123.00 | 1 108.00 | 1 200.43 | 1 364.87 |
Balance sheet total (assets) | 1 163.00 | 1 428.00 | 1 506.00 | 1 607.03 | 1 656.34 |
Net debt | - 565.79 | - 708.78 | |||
Profitability | |||||
EBIT-% | 9.0 % | 10.8 % | 4.7 % | 2.0 % | 6.6 % |
ROA | 8.4 % | 11.2 % | 4.9 % | 9.1 % | 13.6 % |
ROE | 14.6 % | 21.3 % | -0.7 % | 15.1 % | 57.6 % |
ROI | 8.4 % | 11.2 % | 4.9 % | 9.8 % | 15.4 % |
Economic value added (EVA) | 55.75 | 98.62 | 15.57 | -33.93 | 4.07 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 74.9 % | 82.5 % |
Gearing | 15.5 % | 8.7 % | |||
Relative net indebtedness % | -27.1 % | -39.9 % | |||
Liquidity | |||||
Quick ratio | 2.9 | 4.7 | |||
Current ratio | 3.4 | 5.4 | |||
Cash and cash equivalents | 752.30 | 827.24 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.4 | 39.9 | |||
Net working capital % | 10.4 % | 14.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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