Tømrerfirmaet Morten Grüning ApS — Credit Rating and Financial Key Figures

Tømrerfirmaet Morten Grüning ApS (CVR number: 36719958) is a company from FREDERIKSBERG. The company recorded a gross profit of 108.8 kDKK in 2018. The operating profit was 55.3 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Tømrerfirmaet Morten Grüning ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.