GREVE RENOVATION A/S
Credit rating
Company information
About GREVE RENOVATION A/S
GREVE RENOVATION A/S (CVR number: 32268536) is a company from GREVE. The company reported a net sales of 70.5 mDKK in 2023, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0.4 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GREVE RENOVATION A/S's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 50.41 | 59.78 | 61.16 | 67.36 | 70.49 |
Gross profit | 6.69 | 4.72 | 4.75 | 5.92 | 4.25 |
EBIT | 1.79 | 0.16 | -0.14 | 0.05 | 0.37 |
Net earnings | |||||
Shareholders equity total | 25.23 | 25.23 | 25.23 | 25.23 | 25.23 |
Balance sheet total (assets) | 34.66 | 51.23 | 62.62 | 61.61 | 59.41 |
Net debt | -3.78 | 11.57 | 23.12 | 13.67 | 3.56 |
Profitability | |||||
EBIT-% | 3.6 % | 0.3 % | -0.2 % | 0.1 % | 0.5 % |
ROA | 5.0 % | 0.4 % | -0.1 % | 0.1 % | 1.7 % |
ROE | |||||
ROI | 6.2 % | 0.4 % | -0.1 % | 0.1 % | 2.1 % |
Economic value added (EVA) | 1.50 | 0.10 | -0.84 | -0.99 | -0.57 |
Solvency | |||||
Equity ratio | 72.8 % | 49.2 % | 40.3 % | 40.9 % | 42.5 % |
Gearing | 55.3 % | 92.3 % | 61.7 % | 54.0 % | |
Relative net indebtedness % | 11.2 % | 29.1 % | 46.2 % | 36.6 % | 23.0 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.6 | 2.2 | 2.2 | 1.9 |
Current ratio | 2.3 | 2.6 | 2.2 | 2.2 | 1.9 |
Cash and cash equivalents | 3.78 | 2.38 | 0.16 | 1.89 | 10.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.7 | 0.7 | 2.2 | 5.1 | 3.6 |
Net working capital % | 14.7 % | 19.7 % | 25.4 % | 23.3 % | 19.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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