Grindsted Renseanlæg A/S — Credit Rating and Financial Key Figures

Grindsted Renseanlæg A/S (CVR number: 38148052) is a company from BILLUND. The company reported a net sales of 29.8 mDKK in 2023, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0.7 mDKK), while net earnings were 508 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. Grindsted Renseanlæg A/S's liquidity measured by quick ratio was 2 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.