Credit rating
Company information
About GREY NORDIC ApS
GREY NORDIC ApS (CVR number: 24257959) is a company from KØBENHAVN. The company recorded a gross profit of 1644.6 kDKK in 2021. The operating profit was -511.3 kDKK, while net earnings were 2611.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GREY NORDIC ApS's liquidity measured by quick ratio was 22.9 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 494.87 | 6 254.60 | 5 708.92 | 1 412.11 | 1 644.60 |
EBIT | -1 657.47 | -2 000.26 | - 539.12 | - 968.96 | - 511.34 |
Net earnings | -1 012.17 | -1 417.14 | 231.00 | 11 952.42 | 2 611.20 |
Shareholders equity total | 99 572.91 | 98 155.77 | 98 386.77 | 110 339.19 | 112 950.38 |
Balance sheet total (assets) | 114 345.76 | 111 934.94 | 112 753.86 | 114 299.57 | 116 940.64 |
Net debt | 11 547.85 | 10 332.29 | 10 112.51 | 2 341.29 | 2 539.57 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | -1.7 % | -0.5 % | 10.2 % | 2.2 % |
ROE | -1.0 % | -1.4 % | 0.2 % | 11.5 % | 2.3 % |
ROI | -1.5 % | -1.8 % | -0.5 % | 10.4 % | 2.2 % |
Economic value added (EVA) | -1 182.04 | -1 245.52 | - 213.04 | - 529.84 | -4 022.70 |
Solvency | |||||
Equity ratio | 87.1 % | 87.7 % | 87.3 % | 96.5 % | 96.6 % |
Gearing | 11.6 % | 10.5 % | 10.3 % | 2.1 % | 2.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.6 | 19.7 | 22.9 |
Current ratio | 0.7 | 0.6 | 0.6 | 19.7 | 22.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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