Grassfish Denmark ApS — Credit Rating and Financial Key Figures

Grassfish Denmark ApS (CVR number: 43444964) is a company from AARHUS. The company reported a net sales of 11.6 mDKK in 2023, demonstrating a growth of 1086.7 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0.4 mDKK), while net earnings were 368.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 75.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Grassfish Denmark ApS's liquidity measured by quick ratio was 1.1 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.