Grinden 82-96 Aps — Credit Rating and Financial Key Figures

Grinden 82-96 Aps (CVR number: 40752889) is a company from HERNING. The company recorded a gross profit of 823 kDKK in 2023. The operating profit was 823 kDKK, while net earnings were 440.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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. Grinden 82-96 Aps's liquidity measured by quick ratio was 1.5 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.