GREVE RENOVATION A/S — Credit Rating and Financial Key Figures
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 78.4 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was poor at -0.2 % (EBIT: -0.1 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, 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 48.3 %, 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 2 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 | 59.78 | 61.16 | 67.36 | 70.49 | 78.38 |
Gross profit | 4.72 | 4.75 | 5.92 | 4.25 | 4.56 |
EBIT | 0.16 | -0.14 | 0.05 | 0.37 | -0.13 |
Net earnings | |||||
Shareholders equity total | 25.23 | 25.23 | 25.23 | 25.23 | 25.23 |
Balance sheet total (assets) | 51.23 | 62.62 | 61.61 | 59.41 | 52.24 |
Net debt | 11.57 | 23.12 | 13.67 | 3.56 | 11.56 |
Profitability | |||||
EBIT-% | 0.3 % | -0.2 % | 0.1 % | 0.5 % | -0.2 % |
ROA | 0.4 % | -0.1 % | 0.1 % | 1.7 % | 0.2 % |
ROE | |||||
ROI | 0.4 % | -0.1 % | 0.1 % | 2.1 % | 0.2 % |
Economic value added (EVA) | -1.11 | -2.38 | -2.84 | -2.28 | -2.45 |
Solvency | |||||
Equity ratio | 49.2 % | 40.3 % | 40.9 % | 42.5 % | 48.3 % |
Gearing | 55.3 % | 92.3 % | 61.7 % | 54.0 % | 46.2 % |
Relative net indebtedness % | 29.1 % | 46.2 % | 36.6 % | 23.0 % | 26.8 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.2 | 2.2 | 1.9 | 2.0 |
Current ratio | 2.6 | 2.2 | 2.2 | 1.9 | 2.0 |
Cash and cash equivalents | 2.38 | 0.16 | 1.89 | 10.06 | 0.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.7 | 2.2 | 5.1 | 3.6 | 9.7 |
Net working capital % | 19.7 % | 25.4 % | 23.3 % | 19.3 % | 14.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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