GRUNNING ApS

CVR number: 30077121
Egevangen 6, 6715 Esbjerg N
tel: 26805262

Credit rating

Company information

Official name
GRUNNING ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry
  • Expand more icon42Civil engineering

About GRUNNING ApS

GRUNNING ApS (CVR number: 30077121) is a company from ESBJERG. The company recorded a gross profit of 388.6 kDKK in 2023. The operating profit was 20.9 kDKK, while net earnings were 4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 9.2 %, 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. GRUNNING ApS's liquidity measured by quick ratio was 1 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
20192020202120222023
Volume
Net sales
Gross profit662.89553.31511.85581.60388.63
EBIT260.1395.64113.5995.7320.95
Net earnings184.0845.2489.2355.914.50
Shareholders equity total309.08170.24214.23180.91129.50
Balance sheet total (assets)1 423.281 617.431 481.201 571.821 408.49
Net debt- 167.09-15.67118.71-59.46- 224.89
Profitability
EBIT-%
ROA19.3 %5.9 %8.2 %6.6 %1.8 %
ROE83.2 %18.9 %46.4 %28.3 %2.9 %
ROI24.4 %7.3 %10.2 %8.0 %2.3 %
Economic value added (EVA)212.1091.11133.39101.0163.50
Solvency
Equity ratio21.7 %10.5 %14.5 %11.5 %9.2 %
Gearing227.9 %538.8 %459.5 %597.5 %755.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.91.01.0
Current ratio1.01.01.01.01.0
Cash and cash equivalents871.64932.93865.721 140.421 202.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.82%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.19%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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