M. GRUNNET HOLDING A/S — Credit Rating and Financial Key Figures

M. GRUNNET HOLDING A/S (CVR number: 35046062K) is a company from KØBENHAVN. The company reported a net sales of 602.5 mDKK in 2023, demonstrating a decline of -9.9 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 59.7 mDKK), while net earnings were 127.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. GRUNNET HOLDING A/S's liquidity measured by quick ratio was 2.4 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.