GRAND EURO A/S — Credit Rating and Financial Key Figures

GRAND EURO A/S (CVR number: 18693933) is a company from HERNING. The company recorded a gross profit of 38 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were -34.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRAND EURO A/S's liquidity measured by quick ratio was 10.9 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.