GRIP TECHNOLOGIES ApS — Credit Rating and Financial Key Figures

GRIP TECHNOLOGIES ApS (CVR number: 34688524) is a company from RØDOVRE. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were -34.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -162.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. GRIP TECHNOLOGIES ApS's liquidity measured by quick ratio was 1.3 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.