GRENAA FORBRÆNDING A/S — Credit Rating and Financial Key Figures

GRENAA FORBRÆNDING A/S (CVR number: 32651194) is a company from NORDDJURS. The company recorded a gross profit of 1280.6 kDKK in 2018. The operating profit was -843.8 kDKK, while net earnings were -557.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GRENAA FORBRÆNDING A/S's liquidity measured by quick ratio was 43.8 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.