GREVE LANDSBYNET ApS — Credit Rating and Financial Key Figures

CVR number: 35512454
Greve Bygade 50, 2670 Greve
info@grevelandsbynet.dk
tel: 44588800

Credit rating

Company information

Official name
GREVE LANDSBYNET ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About GREVE LANDSBYNET ApS

GREVE LANDSBYNET ApS (CVR number: 35512454) is a company from GREVE. The company recorded a gross profit of 292.8 kDKK in 2023. The operating profit was 162 kDKK, while net earnings were 26.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GREVE LANDSBYNET ApS's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit223.99301.84265.86307.79292.82
EBIT104.20178.55136.71176.73162.04
Net earnings12.5210.3431.3345.3826.34
Shareholders equity total94.06104.41135.74181.12207.46
Balance sheet total (assets)1 655.551 769.061 747.201 714.241 851.28
Net debt-57.73- 164.41- 220.85- 178.88- 243.53
Profitability
EBIT-%
ROA6.2 %10.4 %7.8 %10.2 %9.2 %
ROE14.3 %10.4 %26.1 %28.6 %13.6 %
ROI11.8 %111.6 %71.9 %73.9 %57.4 %
Economic value added (EVA)135.89124.94109.12142.13125.54
Solvency
Equity ratio5.7 %5.9 %7.8 %10.6 %11.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.2
Current ratio0.10.10.20.10.2
Cash and cash equivalents57.73164.41220.85178.88243.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.19%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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