Grassdesign ApS — Credit Rating and Financial Key Figures

Grassdesign ApS (CVR number: 42608025) is a company from AARHUS. The company recorded a gross profit of 1447 kDKK in 2022. The operating profit was 79.6 kDKK, while net earnings were 48.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 54.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Grassdesign ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.