GROWBEST ApS — Credit Rating and Financial Key Figures

CVR number: 36464798
Nybro Vænge 64, 2800 Kgs. Lyngby
charlotte@growbest.dk
tel: 41910840
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Company information

Official name
GROWBEST ApS
Established
2014
Company form
Private limited company
Industry

About GROWBEST ApS

GROWBEST ApS (CVR number: 36464798) is a company from GLADSAXE. The company recorded a gross profit of -44 kDKK in 2022. The operating profit was -44 kDKK, while net earnings were -61.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. GROWBEST ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit161.77874.2791.57-41.23-44.00
EBIT- 148.61442.16116.91-41.23-44.00
Net earnings- 148.63382.3324.80-39.35-61.17
Shareholders equity total- 102.59269.47253.17213.82152.66
Balance sheet total (assets)313.29756.33557.00410.50357.21
Net debt- 222.41- 371.30- 556.90- 371.82- 331.70
Profitability
EBIT-%
ROA-42.5 %75.4 %9.1 %-8.4 %-11.5 %
ROE-85.1 %131.2 %9.5 %-16.9 %-33.4 %
ROI-241.2 %341.2 %22.9 %-17.4 %-24.0 %
Economic value added (EVA)- 137.18403.1494.17-17.40-41.75
Solvency
Equity ratio-23.5 %35.6 %45.5 %52.1 %42.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.71.61.82.11.7
Current ratio0.71.61.82.11.7
Cash and cash equivalents222.41371.30556.90371.82331.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-11.5%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.7%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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