Grumsen Development ApS — Credit Rating and Financial Key Figures

Grumsen Development ApS (CVR number: 37051373) is a company from ESBJERG. The company recorded a gross profit of 2244.9 kDKK in 2023. The operating profit was 378.9 kDKK, while net earnings were 295 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Grumsen Development ApS'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.