GRINDSTED BAGERI ApS — Credit Rating and Financial Key Figures

GRINDSTED BAGERI ApS (CVR number: 32559654) is a company from BILLUND. The company recorded a gross profit of 179.9 kDKK in 2018. The operating profit was 72.1 kDKK, while net earnings were 51.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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. GRINDSTED BAGERI ApS's liquidity measured by quick ratio was 2.3 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.