GROSSERER JENS LINDE'S FAMILIEFOND
Credit rating
Company information
About GROSSERER JENS LINDE'S FAMILIEFOND
GROSSERER JENS LINDE'S FAMILIEFOND (CVR number: 11629806) is a company from VEJLE. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a growth of 10.9 % compared to the previous year. The operating profit percentage was at 93.4 % (EBIT: 1.7 mDKK), while net earnings were 1226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GROSSERER JENS LINDE'S FAMILIEFOND's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 496.45 | 1 677.19 | 697.36 | 1 607.07 | 1 782.25 |
Gross profit | 1 209.33 | 1 254.76 | 543.01 | 1 276.18 | 1 279.06 |
EBIT | 1 194.33 | 459.33 | 2 128.01 | 2 156.07 | 1 664.36 |
Net earnings | 955.63 | 379.37 | 1 911.82 | 1 625.36 | 1 226.73 |
Shareholders equity total | 11 902.09 | 11 405.46 | 12 442.28 | 13 470.03 | 13 982.51 |
Balance sheet total (assets) | 19 827.14 | 14 524.95 | 15 668.67 | 18 982.76 | 19 161.49 |
Net debt | 5 160.74 | 1 516.52 | -2 063.61 | 1 634.07 | 1 426.41 |
Profitability | |||||
EBIT-% | 79.8 % | 27.4 % | 305.2 % | 134.2 % | 93.4 % |
ROA | 6.7 % | 3.5 % | 16.4 % | 12.5 % | 8.9 % |
ROE | 8.0 % | 3.3 % | 16.0 % | 12.5 % | 8.9 % |
ROI | 6.8 % | 3.6 % | 16.7 % | 12.6 % | 9.0 % |
Economic value added (EVA) | 950.64 | - 349.64 | 1 104.76 | 1 229.47 | 611.69 |
Solvency | |||||
Equity ratio | 60.0 % | 78.5 % | 79.4 % | 71.0 % | 73.0 % |
Gearing | 52.5 % | 16.4 % | 14.3 % | 16.7 % | 11.4 % |
Relative net indebtedness % | 402.1 % | 129.6 % | -232.0 % | 164.9 % | 139.4 % |
Liquidity | |||||
Quick ratio | 2.4 | 13.0 | 26.2 | 0.7 | 0.9 |
Current ratio | 2.4 | 13.0 | 26.2 | 0.7 | 0.9 |
Cash and cash equivalents | 1 086.50 | 350.22 | 3 839.16 | 610.36 | 164.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.6 | 2.5 | 1.0 | 2.7 | 2.7 |
Net working capital % | 72.7 % | 337.5 % | 947.4 % | -19.3 % | -2.5 % |
Credit risk | |||||
Credit rating | AA | A | A | AA | AA |
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