Græsvangen 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40551484
Voldbjergvej 14 A, 8240 Risskov
info@boliq.dk
tel: 87324252

Credit rating

Company information

Official name
Græsvangen 2019 ApS
Established
2019
Company form
Private limited company
Industry

About Græsvangen 2019 ApS

Græsvangen 2019 ApS (CVR number: 40551484) is a company from AARHUS. The company recorded a gross profit of -156.8 kDKK in 2023. The operating profit was -156.8 kDKK, while net earnings were -951.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -144.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Græsvangen 2019 ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 339.59-95.42- 144.70- 154.16- 156.82
EBIT- 364.59- 151.26- 144.70- 154.16- 156.82
Net earnings- 381.87- 326.03- 205.37- 492.69- 951.58
Shareholders equity total- 341.87- 667.891 126.74634.05682.47
Balance sheet total (assets)5 132.046 788.476 992.4711 755.0723 116.35
Net debt5 343.916 593.615 168.8811 067.4621 599.46
Profitability
EBIT-%
ROA-6.7 %-2.3 %-2.0 %-1.6 %-0.9 %
ROE-7.4 %-5.5 %-5.2 %-56.0 %-144.6 %
ROI-6.7 %-2.4 %-2.0 %-1.7 %-0.9 %
Economic value added (EVA)- 290.72- 103.31-43.87- 145.10- 154.18
Solvency
Equity ratio-6.2 %-9.0 %16.1 %5.4 %3.0 %
Gearing-1580.7 %-1092.8 %517.7 %1745.5 %3188.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.00.0
Current ratio0.00.10.10.00.0
Cash and cash equivalents60.00705.26664.61160.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.90%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.95%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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