Grow Up Farm ApS — Credit Rating and Financial Key Figures

CVR number: 40187693
Mellem Broerne 12 C, 4100 Ringsted
info@growupfarm.dk
tel: 57685555
growupfarm.dk

Company information

Official name
Grow Up Farm ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Grow Up Farm ApS

Grow Up Farm ApS (CVR number: 40187693) is a company from RINGSTED. The company recorded a gross profit of 1638.2 kDKK in 2023. The operating profit was 1210.8 kDKK, while net earnings were 881.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. Grow Up Farm ApS's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-35.6610.40150.42997.791 638.23
EBIT- 269.41- 286.66- 212.33618.651 210.85
Net earnings- 263.76- 285.69- 249.28381.54881.50
Shareholders equity total- 213.76- 499.45- 748.73- 367.191 514.31
Balance sheet total (assets)1 341.312 039.322 229.552 080.574 101.42
Net debt1 516.361 946.382 151.171 757.12879.01
Profitability
EBIT-%
ROA-17.3 %-14.0 %-7.7 %22.8 %37.0 %
ROE-19.7 %-16.9 %-11.7 %17.7 %49.0 %
ROI-17.4 %-16.4 %-10.4 %31.7 %49.5 %
Economic value added (EVA)- 210.87- 212.85- 141.14519.92963.07
Solvency
Equity ratio-13.7 %41.8 %38.9 %64.0 %74.3 %
Gearing-709.4 %-389.7 %-287.3 %-478.5 %101.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.81.5
Current ratio0.80.60.81.32.1
Cash and cash equivalents658.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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