Grønnevold Invest A/S — Credit Rating and Financial Key Figures

Grønnevold Invest A/S (CVR number: 28995121) is a company from HJØRRING. The company recorded a gross profit of 2329.9 kDKK in 2023. The operating profit was 229.3 kDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 86 %, which can be considered excellent and Return on Equity (ROE) was 108.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. Grønnevold Invest A/S's liquidity measured by quick ratio was 2.8 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.