SPACE2GROW ApS — Credit Rating and Financial Key Figures

SPACE2GROW ApS (CVR number: 27715338) is a company from FAVRSKOV. The company recorded a gross profit of 755.9 kDKK in 2023. The operating profit was -85.3 kDKK, while net earnings were -76.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. SPACE2GROW ApS's liquidity measured by quick ratio was 1.4 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.