GrowBeyond ApS

CVR number: 40476385
Møllebakken 45, 8382 Hinnerup

Credit rating

Company information

Official name
GrowBeyond ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About GrowBeyond ApS

GrowBeyond ApS (CVR number: 40476385) is a company from FAVRSKOV. The company recorded a gross profit of 732.8 kDKK in 2023. The operating profit was 66.7 kDKK, while net earnings were 62 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GrowBeyond 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 162.30159.82860.79616.89732.81
EBIT562.20- 184.18330.55128.4866.73
Net earnings430.28- 196.32286.6494.9461.99
Shareholders equity total479.46- 116.85169.79154.73116.72
Balance sheet total (assets)806.17198.04450.83632.88390.89
Net debt- 647.66133.37- 145.31- 523.16- 144.75
Profitability
EBIT-%
ROA69.7 %-32.9 %86.3 %23.7 %13.1 %
ROE89.7 %-58.0 %155.9 %58.5 %45.7 %
ROI108.1 %-46.7 %122.2 %57.7 %35.8 %
Economic value added (EVA)432.26- 154.80330.21126.44106.28
Solvency
Equity ratio59.5 %-37.1 %37.7 %41.4 %29.9 %
Gearing7.1 %-219.3 %52.2 %3.8 %72.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.20.61.63.01.4
Current ratio4.20.61.61.31.4
Cash and cash equivalents681.57122.84233.95528.98229.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.9%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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