GRAINTEC A/S — Credit Rating and Financial Key Figures

CVR number: 73422213
Enghavevej 40, 7100 Vejle
mail@graintec.com
tel: 76436910

Credit rating

Company information

Official name
GRAINTEC A/S
Personnel
27 persons
Established
1984
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About GRAINTEC A/S

GRAINTEC A/S (CVR number: 73422213) is a company from VEJLE. The company recorded a gross profit of 10.3 mDKK in 2021. The operating profit was -12.4 mDKK, while net earnings were -9921 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.3 %, which can be considered poor and Return on Equity (ROE) was -111.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.3 %, 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. GRAINTEC A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales231 493.00193 647.00
Gross profit37 046.0036 031.0041 099.0018 435.0010 297.00
EBIT- 407.00-1 537.005 149.00-10 669.00-12 408.00
Net earnings-5 202.00-4 565.00264.00-8 758.00-9 921.00
Shareholders equity total23 141.0020 306.0021 193.0014 396.003 436.00
Balance sheet total (assets)145 292.0088 293.0097 687.0058 485.0064 788.00
Net debt-63 830.00-28 127.00-29 349.00-3 030.00-16 387.00
Profitability
EBIT-%-0.2 %-0.8 %
ROA-3.7 %0.2 %2.4 %-14.2 %-19.3 %
ROE-20.2 %-21.0 %1.3 %-49.2 %-111.3 %
ROI-12.3 %0.6 %5.8 %-30.6 %-51.8 %
Economic value added (EVA)273.281 538.614 551.18-7 231.61-10 579.31
Solvency
Equity ratio15.9 %23.0 %21.7 %24.6 %5.3 %
Gearing37.9 %41.7 %37.9 %52.6 %207.8 %
Relative net indebtedness %20.7 %12.6 %
Liquidity
Quick ratio1.00.91.10.80.6
Current ratio1.00.91.10.80.6
Cash and cash equivalents72 598.0036 593.0037 376.0010 600.0023 528.00
Capital use efficiency
Trade debtors turnover (days)51.39.1
Net working capital %-2.6 %-5.2 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-19.3%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.30%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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