KIRSTEN OG OLE GRØNLUND A/S — Credit Rating and Financial Key Figures

KIRSTEN OG OLE GRØNLUND A/S (CVR number: 32284159) is a company from MARIAGERFJORD. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a growth of 41.5 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 2.8 mDKK), while net earnings were 2750.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRSTEN OG OLE GRØNLUND A/S's liquidity measured by quick ratio was 134.1 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.