MADS GROVE ApS — Credit Rating and Financial Key Figures

MADS GROVE ApS (CVR number: 26777615) is a company from FURESØ. The company reported a net sales of 1.1 mDKK in 2019, demonstrating a decline of -17.4 % compared to the previous year. The operating profit percentage was at 34.6 % (EBIT: 0.4 mDKK), while net earnings were 299.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.4 %, which can be considered excellent and Return on Equity (ROE) was 169.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. MADS GROVE ApS's liquidity measured by quick ratio was 2.6 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.