Grand Bazaar ApS — Credit Rating and Financial Key Figures

Grand Bazaar ApS (CVR number: 41914416) is a company from HVIDOVRE. The company recorded a gross profit of 0 kDKK in 2021. The operating profit was 777.9 kDKK, while net earnings were 777.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.7 %, which can be considered excellent and Return on Equity (ROE) was 137.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -58.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Grand Bazaar ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.