EJENDOMSSELSKABET ERIK GRØNNING ApS — Credit Rating and Financial Key Figures

CVR number: 26663512
Vejlbjergvej 14, 8240 Risskov

Company information

Official name
EJENDOMSSELSKABET ERIK GRØNNING ApS
Established
2002
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ERIK GRØNNING ApS

EJENDOMSSELSKABET ERIK GRØNNING ApS (CVR number: 26663512) is a company from AARHUS. The company recorded a gross profit of 3217.3 kDKK in 2024. The operating profit was 3029.5 kDKK, while net earnings were 2250.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. EJENDOMSSELSKABET ERIK GRØNNING ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 803.082 788.672 901.433 187.193 217.27
EBIT2 615.352 600.942 713.692 999.463 029.55
Net earnings1 935.971 974.611 989.032 186.132 250.21
Shareholders equity total10 009.9310 184.5410 273.5710 559.7010 709.92
Balance sheet total (assets)22 178.5121 062.2323 312.5622 686.9820 382.87
Net debt4 837.034 399.564 028.663 421.512 942.40
Profitability
EBIT-%
ROA11.7 %12.4 %12.2 %13.9 %14.8 %
ROE20.3 %19.6 %19.4 %21.0 %21.2 %
ROI12.3 %13.2 %12.9 %14.7 %15.8 %
Economic value added (EVA)1 447.191 382.211 437.291 801.581 803.94
Solvency
Equity ratio45.1 %48.4 %44.1 %46.5 %52.5 %
Gearing81.0 %66.1 %85.6 %73.4 %48.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.11.20.4
Current ratio1.21.31.11.20.4
Cash and cash equivalents3 275.542 332.724 770.564 330.552 223.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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