K/S Vindpark Grønkær Laug — Credit Rating and Financial Key Figures

K/S Vindpark Grønkær Laug (CVR number: 38982109) is a company from MARIAGERFJORD. The company recorded a gross profit of 5664.2 kDKK in 2023. The operating profit was 4277 kDKK, while net earnings were 2941.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. K/S Vindpark Grønkær Laug's liquidity measured by quick ratio was 1.6 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.