MICHAEL GRUNDHOLM EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 30551877
Ved Vandværket 7, 7100 Vejle
ad@grundholmbyg.dk
tel: 20950927

Credit rating

Company information

Official name
MICHAEL GRUNDHOLM EJENDOMME A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About MICHAEL GRUNDHOLM EJENDOMME A/S

MICHAEL GRUNDHOLM EJENDOMME A/S (CVR number: 30551877) is a company from VEJLE. The company recorded a gross profit of -61.2 kDKK in 2022. The operating profit was -1376.1 kDKK, while net earnings were -1426.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -24.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL GRUNDHOLM EJENDOMME A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit268.98341.33238.41634.64-61.16
EBIT556.97- 392.50-6.461 045.21-1 376.11
Net earnings332.07- 444.66- 149.08936.46-1 426.42
Shareholders equity total6 214.395 769.735 620.666 557.125 130.70
Balance sheet total (assets)13 190.6712 733.1712 438.9410 107.589 872.84
Net debt4 161.294 130.392 681.79-86.911 450.17
Profitability
EBIT-%
ROA5.0 %-3.0 %-0.1 %9.3 %-13.6 %
ROE5.5 %-7.4 %-2.6 %15.4 %-24.4 %
ROI5.9 %-3.7 %-0.1 %11.5 %-18.4 %
Economic value added (EVA)81.40- 840.97- 497.64701.34-1 564.86
Solvency
Equity ratio47.1 %45.3 %45.2 %64.9 %52.0 %
Gearing73.6 %77.1 %77.0 %23.3 %28.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.80.90.8
Current ratio0.20.20.80.90.8
Cash and cash equivalents411.48320.891 647.781 615.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:-13.6%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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