GRAND E ApS — Credit Rating and Financial Key Figures

GRAND E ApS (CVR number: 29403783) is a company from NÆSTVED. The company recorded a gross profit of 133.7 kDKK in 2023. The operating profit was 31.5 kDKK, while net earnings were 29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.4 %, which can be considered excellent and Return on Equity (ROE) was 83.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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 E ApS's liquidity measured by quick ratio was 1.6 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.