Grene Wind Industry Supplies A/S — Credit Rating and Financial Key Figures

Grene Wind Industry Supplies A/S (CVR number: 37842699) is a company from RANDERS. The company recorded a gross profit of 30.8 mDKK in 2023. The operating profit was 10.2 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. Grene Wind Industry Supplies A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.