Østergade Grindsted ApS — Credit Rating and Financial Key Figures

Østergade Grindsted ApS (CVR number: 39338769) is a company from BILLUND. The company recorded a gross profit of -4.2 kDKK in 2023. The operating profit was -4.2 kDKK, while net earnings were -175.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Østergade Grindsted ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.