Grand Salon ApS — Credit Rating and Financial Key Figures

Grand Salon ApS (CVR number: 39524759) is a company from NYBORG. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 0.1 mDKK), while net earnings were 91 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. Grand Salon ApS's liquidity measured by quick ratio was 2.6 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.