Grid & Line ApS — Credit Rating and Financial Key Figures

Grid & Line ApS (CVR number: 39719339) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 12.1 kDKK, while net earnings were 9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Grid & Line ApS's liquidity measured by quick ratio was 2.4 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.