Grønfeldt Elementer A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grønfeldt Elementer A/S
Grønfeldt Elementer A/S (CVR number: 32673678) is a company from KOLDING. The company recorded a gross profit of -53.7 kDKK in 2024. The operating profit was -53.7 kDKK, while net earnings were -43.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Grønfeldt Elementer A/S's liquidity measured by quick ratio was 12.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40.38 | 62.77 | 35.44 | 922.72 | -53.71 |
EBIT | 40.38 | 62.77 | 35.44 | 922.72 | -53.71 |
Net earnings | 47.24 | 41.27 | 29.67 | 721.51 | -43.29 |
Shareholders equity total | 709.06 | 750.33 | 430.00 | 1 151.51 | 608.22 |
Balance sheet total (assets) | 828.65 | 873.02 | 965.19 | 2 867.43 | 661.06 |
Net debt | -8.33 | -55.91 | -93.05 | -2 290.33 | - 651.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | 9.2 % | 4.6 % | 48.4 % | -2.3 % |
ROE | 6.9 % | 5.7 % | 5.0 % | 91.2 % | -4.9 % |
ROI | 8.8 % | 10.1 % | 4.7 % | 88.9 % | -4.6 % |
Economic value added (EVA) | -1.18 | 2.53 | -4.19 | 728.13 | 3.51 |
Solvency | |||||
Equity ratio | 85.6 % | 85.9 % | 44.6 % | 40.2 % | 92.0 % |
Gearing | 12.7 % | 117.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 7.1 | 1.8 | 1.7 | 12.3 |
Current ratio | 6.9 | 7.1 | 1.8 | 1.7 | 12.3 |
Cash and cash equivalents | 8.33 | 150.91 | 599.85 | 2 290.33 | 651.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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