GRIMME SKANDINAVIEN A/S — Credit Rating and Financial Key Figures

GRIMME SKANDINAVIEN A/S (CVR number: 81790213) is a company from VIBORG. The company recorded a gross profit of 53.1 mDKK in 2023. The operating profit was 10.9 mDKK, while net earnings were 7078.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. GRIMME SKANDINAVIEN A/S's liquidity measured by quick ratio was 0.4 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.