Grønnevold Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grønnevold Invest A/S
Grønnevold Invest A/S (CVR number: 28995121) is a company from HJØRRING. The company recorded a gross profit of -188.9 kDKK in 2024. The operating profit was -548.8 kDKK, while net earnings were 349.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Grønnevold Invest A/S's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 251.01 | ||||
Gross profit | 8 187.86 | 9 129.57 | 10 018.93 | 2 329.89 | - 188.90 |
EBIT | 2 488.61 | 3 036.55 | 4 133.09 | 229.29 | - 548.76 |
Net earnings | 1 905.05 | 2 253.98 | 2 986.75 | 14 642.72 | 349.36 |
Shareholders equity total | 4 890.95 | 5 144.92 | 6 131.67 | 20 774.39 | 21 123.76 |
Balance sheet total (assets) | 13 454.41 | 16 085.22 | 17 799.14 | 26 358.26 | 25 199.46 |
Net debt | 4 671.11 | 5 824.81 | 9 345.73 | 2 374.07 | 2 670.80 |
Profitability | |||||
EBIT-% | 15.3 % | ||||
ROA | 19.3 % | 20.6 % | 24.5 % | 86.0 % | 1.2 % |
ROE | 38.6 % | 44.9 % | 53.0 % | 108.8 % | 1.7 % |
ROI | 26.3 % | 26.9 % | 29.5 % | 94.5 % | 1.3 % |
Economic value added (EVA) | 1 507.29 | 1 840.39 | 2 600.99 | - 614.02 | -1 583.75 |
Solvency | |||||
Equity ratio | 36.4 % | 32.0 % | 34.4 % | 78.8 % | 83.8 % |
Gearing | 106.7 % | 135.9 % | 153.2 % | 15.2 % | 14.9 % |
Relative net indebtedness % | 48.3 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 2.8 | 3.9 |
Current ratio | 1.1 | 1.1 | 1.1 | 2.9 | 4.1 |
Cash and cash equivalents | 548.00 | 1 166.30 | 49.78 | 783.74 | 487.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.4 | ||||
Net working capital % | 6.3 % | ||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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