Grønbæk Development ApS — Credit Rating and Financial Key Figures

Grønbæk Development ApS (CVR number: 38904213) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1520.6 kDKK in 2023. The operating profit was 122.7 kDKK, while net earnings were 114.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Grønbæk Development ApS's liquidity measured by quick ratio was 1.7 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.