Coastgrass ApS — Credit Rating and Financial Key Figures

Coastgrass ApS (CVR number: 42135747) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -296.8 kDKK in 2022. The operating profit was -768.9 kDKK, while net earnings were -800.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.7 %, which can be considered poor and Return on Equity (ROE) was -33.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Coastgrass ApS's liquidity measured by quick ratio was 5.4 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.