GROVE-NIELSEN ApS — Credit Rating and Financial Key Figures

GROVE-NIELSEN ApS (CVR number: 76329028) is a company from IKAST-BRANDE. The company recorded a gross profit of -16.3 kDKK in 2016. The operating profit was -16.3 kDKK, while net earnings were 140.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GROVE-NIELSEN ApS's liquidity measured by quick ratio was 83.8 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.