GRUD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35384154
Sindrupvej 25, 7760 Hurup Thy

Credit rating

Company information

Official name
GRUD HOLDING ApS
Established
2013
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings393.44554.04-65.33339.48399.71
Shareholders equity total1 235.141 678.591 500.251 721.931 999.64
Balance sheet total (assets)2 103.242 913.372 784.462 884.983 210.78
Net debt426.5966.53-1 154.20-1 104.42-1 611.94
Profitability
EBIT-%
ROA27.2 %23.8 %15.5 %18.6 %14.9 %
ROE36.0 %38.0 %-4.1 %21.1 %21.5 %
ROI27.2 %23.9 %20.0 %32.8 %24.4 %
Economic value added (EVA)-28.63-33.175.42-5.97-6.21
Solvency
Equity ratio58.7 %57.6 %53.9 %59.7 %62.3 %
Gearing70.0 %73.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.91.01.3
Current ratio0.90.90.91.01.3
Cash and cash equivalents438.511 163.701 155.751 104.421 611.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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