&grow ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About &grow ApS
&grow ApS (CVR number: 40629653) is a company from KØBENHAVN. The company recorded a gross profit of -17 kDKK in 2023. The operating profit was -17 kDKK, while net earnings were 409.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -4.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. &grow ApS's liquidity measured by quick ratio was 75.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.25 | -41.98 | -0.81 | -2.88 | -16.99 |
EBIT | -8.25 | - 591.98 | -1.32 | -2.88 | -16.99 |
Net earnings | -21.23 | - 569.52 | -88.09 | - 221.11 | 409.30 |
Shareholders equity total | 18.77 | - 550.75 | - 638.84 | - 859.94 | - 450.65 |
Balance sheet total (assets) | 4 550.17 | 4 269.25 | 5 625.59 | 7 409.32 | 9 338.60 |
Net debt | 418.28 | 2 494.28 | 5 343.93 | 7 670.73 | 8 502.13 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -12.6 % | 0.1 % | -0.0 % | 9.2 % |
ROE | -113.1 % | -26.6 % | -1.8 % | -3.4 % | 4.9 % |
ROI | -0.2 % | -12.9 % | 0.1 % | -0.0 % | 9.2 % |
Economic value added (EVA) | -5.24 | - 256.32 | 134.73 | 74.22 | 60.80 |
Solvency | |||||
Equity ratio | 0.4 % | -11.4 % | -10.2 % | -10.4 % | -4.6 % |
Gearing | 24107.1 % | -843.0 % | -979.6 % | -960.6 % | -2166.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 659.0 | 13.1 | 227.3 | 130.1 | 75.7 |
Current ratio | 659.0 | 13.1 | 227.3 | 130.1 | 75.7 |
Cash and cash equivalents | 4 106.88 | 2 148.47 | 914.24 | 590.04 | 1 262.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
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