GRAS SOUND & VIBRATION HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRAS SOUND & VIBRATION HOLDING ApS
GRAS SOUND & VIBRATION HOLDING ApS (CVR number: 33784309K) is a company from KØBENHAVN. The company reported a net sales of 136.8 mDKK in 2018, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 8 mDKK), while net earnings were 5950.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. GRAS SOUND & VIBRATION HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 126.12 | 123.04 | 136.78 |
Gross profit | 68.04 | 62.55 | 68.86 |
EBIT | 16.21 | 5.16 | 7.97 |
Net earnings | 9.22 | 3.17 | 5.95 |
Shareholders equity total | 39.74 | 40.03 | 45.80 |
Balance sheet total (assets) | 77.59 | 65.84 | 68.28 |
Net debt | -15.30 | -5.96 | -14.35 |
Profitability | |||
EBIT-% | 12.9 % | 4.2 % | 5.8 % |
ROA | 20.8 % | 7.0 % | 12.0 % |
ROE | 23.6 % | 8.1 % | 14.1 % |
ROI | 29.7 % | 10.1 % | 17.6 % |
Economic value added (EVA) | 12.06 | 2.81 | 4.65 |
Solvency | |||
Equity ratio | 51.2 % | 61.5 % | 67.7 % |
Gearing | 23.4 % | 12.8 % | 0.8 % |
Relative net indebtedness % | 9.9 % | 11.9 % | 5.6 % |
Liquidity | |||
Quick ratio | 1.4 | 1.2 | 1.7 |
Current ratio | 2.4 | 2.5 | 3.0 |
Cash and cash equivalents | 24.58 | 11.11 | 14.72 |
Capital use efficiency | |||
Trade debtors turnover (days) | 44.4 | 44.1 | 44.9 |
Net working capital % | 33.2 % | 30.1 % | 31.8 % |
Credit risk | |||
Credit rating | AAA | AA | AA |
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