Grindsted Elnet A/S — Credit Rating and Financial Key Figures

Grindsted Elnet A/S (CVR number: 25988477) is a company from BILLUND. The company reported a net sales of 17.1 mDKK in 2024, demonstrating a growth of 33.3 % compared to the previous year. The operating profit percentage was at 20.1 % (EBIT: 3.4 mDKK), while net earnings were 5449.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. Grindsted Elnet A/S's liquidity measured by quick ratio was 2 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.