GROSSERER JENS LINDE'S FAMILIEFOND β Credit Rating and Financial Key Figures
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 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 1.8 mDKK), while net earnings were 1378.7 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 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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 1.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 677.19 | 697.36 | 1 607.07 | 1 782.25 | 1 835.72 |
Gross profit | 1 254.76 | 543.01 | 1 276.18 | 1 279.06 | 1 559.47 |
EBIT | 459.33 | 2 128.01 | 2 156.07 | 1 664.36 | 1 759.47 |
Net earnings | 379.37 | 1 911.82 | 1 625.36 | 1 226.73 | 1 378.69 |
Shareholders equity total | 11 405.46 | 12 442.28 | 13 470.03 | 13 982.51 | 14 392.03 |
Balance sheet total (assets) | 14 524.95 | 15 668.67 | 18 982.76 | 19 161.49 | 19 738.51 |
Net debt | 1 516.52 | -2 063.61 | 1 634.07 | 1 426.41 | 1 524.78 |
Profitability | |||||
EBIT-% | 27.4 % | 305.2 % | 134.2 % | 93.4 % | 95.8 % |
ROA | 3.5 % | 16.4 % | 12.5 % | 8.9 % | 9.2 % |
ROE | 3.3 % | 16.0 % | 12.5 % | 8.9 % | 9.7 % |
ROI | 3.6 % | 16.7 % | 12.6 % | 9.0 % | 9.3 % |
Economic value added (EVA) | - 349.64 | 1 104.76 | 1 229.47 | 611.69 | 711.65 |
Solvency | |||||
Equity ratio | 78.5 % | 79.4 % | 71.0 % | 73.0 % | 72.9 % |
Gearing | 16.4 % | 14.3 % | 16.7 % | 11.4 % | 10.6 % |
Relative net indebtedness % | 129.6 % | -232.0 % | 164.9 % | 139.4 % | 144.1 % |
Liquidity | |||||
Quick ratio | 13.0 | 26.2 | 0.7 | 0.9 | 1.7 |
Current ratio | 13.0 | 26.2 | 0.7 | 0.9 | 1.7 |
Cash and cash equivalents | 350.22 | 3 839.16 | 610.36 | 164.90 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.5 | 1.0 | 2.7 | 2.7 | 2.7 |
Net working capital % | 337.5 % | 947.4 % | -19.3 % | -2.5 % | 14.6 % |
Credit risk | |||||
Credit rating | A | AA | AAA | AAA | AA |
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