Grandelag Holding ApS — Credit Rating and Financial Key Figures

Grandelag Holding ApS (CVR number: 42520632) is a company from VIBORG. The company recorded a gross profit of -46.2 kDKK in 2021. The operating profit was -46.2 kDKK, while net earnings were -46.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -188.7 %, which can be considered poor and Return on Equity (ROE) was -260.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Grandelag Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.