GRØNFELDT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRØNFELDT A/S
GRØNFELDT A/S (CVR number: 17345192) is a company from KERTEMINDE. The company recorded a gross profit of 4.2 kDKK in 2023. The operating profit was -736.8 kDKK, while net earnings were -592.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.9 %, which can be considered poor and Return on Equity (ROE) was -30.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. GRØNFELDT A/S's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 851.57 | 8 072.68 | 363.80 | 260.75 | 4.20 |
EBIT | - 553.18 | 214.13 | -2 809.87 | 94.24 | - 736.82 |
Net earnings | - 378.34 | 65.71 | -2 094.38 | - 237.34 | - 592.11 |
Shareholders equity total | 7 499.12 | 7 564.84 | 5 470.46 | 2 233.12 | 1 641.01 |
Balance sheet total (assets) | 19 271.85 | 19 300.48 | 6 505.17 | 4 635.86 | 3 032.44 |
Net debt | 6 221.59 | 5 358.53 | 343.39 | -1 091.68 | - 904.93 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | 1.9 % | -21.2 % | 1.7 % | -17.9 % |
ROE | -4.9 % | 0.9 % | -32.1 % | -6.2 % | -30.6 % |
ROI | -0.8 % | 2.6 % | -27.3 % | 1.8 % | -19.1 % |
Economic value added (EVA) | - 831.43 | - 207.87 | -2 436.54 | - 183.88 | - 527.20 |
Solvency | |||||
Equity ratio | 38.9 % | 39.2 % | 84.1 % | 48.2 % | 54.1 % |
Gearing | 84.1 % | 71.2 % | 15.0 % | 93.5 % | 74.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 6.2 | 1.8 | 2.1 |
Current ratio | 1.6 | 1.7 | 6.2 | 1.8 | 2.1 |
Cash and cash equivalents | 82.07 | 24.48 | 479.61 | 3 179.43 | 2 134.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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