Grønning Møbelsnedkeri ApS — Credit Rating and Financial Key Figures

Grønning Møbelsnedkeri ApS (CVR number: 36958553) is a company from AALBORG. The company recorded a gross profit of 774.3 kDKK in 2023. The operating profit was -61.4 kDKK, while net earnings were -67 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -34.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Grønning Møbelsnedkeri ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.