THE GROWERS' WORLD LTD. ApS — Credit Rating and Financial Key Figures

CVR number: 17891596
Bystedparken 20, 2660 Brøndby Strand

Company information

Official name
THE GROWERS' WORLD LTD. ApS
Personnel
3 persons
Established
1994
Company form
Private limited company
Industry

About THE GROWERS' WORLD LTD. ApS

THE GROWERS' WORLD LTD. ApS (CVR number: 17891596) is a company from BRØNDBY. The company recorded a gross profit of 177 kDKK in 2023. The operating profit was 28.9 kDKK, while net earnings were 15.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -15 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THE GROWERS' WORLD LTD. ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit274.2989.35176.8564.66177.00
EBIT119.83-80.53-17.67- 109.1128.89
Net earnings88.36- 104.99-33.00- 125.0615.46
Shareholders equity total192.5287.5354.53-70.53-52.66
Balance sheet total (assets)363.72415.75419.74280.17297.40
Net debt162.83217.80131.00295.42317.10
Profitability
EBIT-%
ROA37.0 %-20.7 %-4.2 %-28.3 %8.2 %
ROE59.4 %-75.0 %-46.5 %-74.7 %5.4 %
ROI37.8 %-21.6 %-4.7 %-31.1 %8.4 %
Economic value added (EVA)106.97-90.20-17.82- 103.2434.91
Solvency
Equity ratio52.9 %21.1 %13.0 %-20.1 %-15.0 %
Gearing84.6 %345.6 %554.7 %-488.6 %-654.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.50.20.2
Current ratio1.91.21.10.70.8
Cash and cash equivalents84.70171.5049.1927.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.25%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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