GRIPGRAB ApS — Credit Rating and Financial Key Figures

GRIPGRAB ApS (CVR number: 25377052) is a company from BALLERUP. The company recorded a gross profit of 22.8 mDKK in 2024. The operating profit was 1813.8 kDKK, while net earnings were -556.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. GRIPGRAB ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.