GRUD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRUD HOLDING ApS
GRUD HOLDING ApS (CVR number: 35384154) is a company from THISTED. The company recorded a gross profit of -19.4 kDKK in 2024. The operating profit was -19.4 kDKK, while net earnings were 399.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GRUD HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.87 | -13.00 | -15.41 | -14.98 | -19.44 |
EBIT | -7.87 | -13.00 | -15.41 | -14.98 | -19.44 |
Net earnings | 393.44 | 554.04 | -65.33 | 339.48 | 399.71 |
Shareholders equity total | 1 235.14 | 1 678.59 | 1 500.25 | 1 721.93 | 1 999.64 |
Balance sheet total (assets) | 2 103.24 | 2 913.37 | 2 784.46 | 2 884.98 | 3 210.78 |
Net debt | 426.59 | 66.53 | -1 154.20 | -1 104.42 | -1 611.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.2 % | 23.8 % | 15.5 % | 18.6 % | 14.9 % |
ROE | 36.0 % | 38.0 % | -4.1 % | 21.1 % | 21.5 % |
ROI | 27.2 % | 23.9 % | 20.0 % | 32.8 % | 24.4 % |
Economic value added (EVA) | -28.63 | -33.17 | 5.42 | -5.97 | -6.21 |
Solvency | |||||
Equity ratio | 58.7 % | 57.6 % | 53.9 % | 59.7 % | 62.3 % |
Gearing | 70.0 % | 73.3 % | 0.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 0.9 | 1.0 | 1.3 |
Current ratio | 0.9 | 0.9 | 0.9 | 1.0 | 1.3 |
Cash and cash equivalents | 438.51 | 1 163.70 | 1 155.75 | 1 104.42 | 1 611.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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