GRUNDVAD MASKINHANDEL HOLDING A/S — Credit Rating and Financial Key Figures

GRUNDVAD MASKINHANDEL HOLDING A/S (CVR number: 27479383) is a company from VIBORG. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were 1856.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRUNDVAD MASKINHANDEL HOLDING A/S's liquidity measured by quick ratio was 446.9 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.