M.J. Grønbech & Sønner Holding A/S — Credit Rating and Financial Key Figures

M.J. Grønbech & Sønner Holding A/S (CVR number: 43292668) is a company from BALLERUP. The company recorded a gross profit of -702 kDKK in 2023. The operating profit was -3184 kDKK, while net earnings were 65.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M.J. Grønbech & Sønner Holding A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.