GRANE HOLDING ApS — Credit Rating and Financial Key Figures

GRANE HOLDING ApS (CVR number: 21854794) is a company from ISHØJ. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -32.9 % compared to the previous year. The operating profit percentage was at 29.2 % (EBIT: 0.1 mDKK), while net earnings were 432 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. GRANE HOLDING ApS's liquidity measured by quick ratio was 4.2 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.