GR8Tech IVS — Credit Rating and Financial Key Figures

GR8Tech IVS (CVR number: 37175293) is a company from SKANDERBORG. The company recorded a gross profit of 79.9 kDKK in 2020. The operating profit was 79.9 kDKK, while net earnings were 58.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 92.3 %, which can be considered excellent and Return on Equity (ROE) was 97.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. GR8Tech IVS's liquidity measured by quick ratio was 4.2 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.