Grønfeld Handel og Udlejning Aps — Credit Rating and Financial Key Figures

Grønfeld Handel og Udlejning Aps (CVR number: 37448494) is a company from SYDDJURS. The company recorded a gross profit of -6.2 kDKK in 2017. The operating profit was -6.2 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Grønfeld Handel og Udlejning Aps's liquidity measured by quick ratio was 3.9 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.