GRID System ApS — Credit Rating and Financial Key Figures

GRID System ApS (CVR number: 21685798) is a company from ALLERØD. The company recorded a gross profit of 9919.2 kDKK in 2023. The operating profit was 3478.5 kDKK, while net earnings were 2710.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. GRID System ApS's liquidity measured by quick ratio was 3.8 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.