GRINEKO APS — Credit Rating and Financial Key Figures

GRINEKO APS (CVR number: 36738324) is a company from KØBENHAVN. The company recorded a gross profit of -7.1 kDKK in 2017. The operating profit was -7.1 kDKK, while net earnings were -7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.8 %, which can be considered poor and Return on Equity (ROE) was -105.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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. GRINEKO APS's liquidity measured by quick ratio was 1.6 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.