GRAND CANYON ApS — Credit Rating and Financial Key Figures

GRAND CANYON ApS (CVR number: 19670937) is a company from HADERSLEV. The company recorded a gross profit of 487 kDKK in 2022. The operating profit was 121.7 kDKK, while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GRAND CANYON ApS's liquidity measured by quick ratio was 1.4 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.