GRØNBECH & SØNNER A/S — Credit Rating and Financial Key Figures

GRØNBECH & SØNNER A/S (CVR number: 12069502) is a company from BALLERUP. The company reported a net sales of 349.1 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 20.4 mDKK), while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. GRØNBECH & SØNNER A/S's liquidity measured by quick ratio was 1.3 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.