Grove Consult IVS — Credit Rating and Financial Key Figures

Grove Consult IVS (CVR number: 39462281) is a company from IKAST-BRANDE. The company reported a net sales of 1.8 mDKK in 2019, demonstrating a growth of -650.5 % compared to the previous year. The operating profit percentage was at 93.5 % (EBIT: 1.7 mDKK), while net earnings were 1727.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 277.7 %, which can be considered excellent and Return on Equity (ROE) was 336.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Grove Consult IVS's liquidity measured by quick ratio was 9.4 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.