Grøn Varme ApS — Credit Rating and Financial Key Figures

Grøn Varme ApS (CVR number: 41016906) is a company from SERMERSOOQ. The company recorded a gross profit of -11 kDKK in 2023. The operating profit was -11 kDKK, while net earnings were -51.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -51.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. Grøn Varme ApS's liquidity measured by quick ratio was 4.5 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.