GRØD ApS — Credit Rating and Financial Key Figures

CVR number: 33862709
Vesterbrogade 105 B, 1620 København V
info@groed.com
tel: 60897898
www.groed.com

Credit rating

Company information

Official name
GRØD ApS
Personnel
186 persons
Established
2011
Company form
Private limited company
Industry

About GRØD ApS

GRØD ApS (CVR number: 33862709) is a company from KØBENHAVN. The company recorded a gross profit of 19 mDKK in 2023. The operating profit was -1448.6 kDKK, while net earnings were -1350.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. GRØD ApS's liquidity measured by quick ratio was 0.5 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 profit13 295.7612 851.6216 002.4620 957.2419 028.52
EBIT1 508.59-1 451.47438.64796.12-1 448.56
Net earnings1 162.05-1 171.53289.56523.56-1 350.79
Shareholders equity total6 604.625 433.105 722.665 895.574 463.78
Balance sheet total (assets)9 399.9810 460.2813 950.0512 446.5510 755.13
Net debt-1 403.36-3 412.80-1 915.19-2 266.70370.87
Profitability
EBIT-%
ROA17.5 %-14.5 %3.7 %6.2 %-12.4 %
ROE19.3 %-19.5 %5.2 %9.0 %-26.1 %
ROI24.5 %-22.7 %7.5 %13.4 %-25.4 %
Economic value added (EVA)1 076.47-1 401.00230.26418.22-1 326.53
Solvency
Equity ratio70.3 %51.9 %41.0 %45.6 %39.7 %
Gearing1.7 %20.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.90.70.5
Current ratio1.01.11.01.00.8
Cash and cash equivalents1 403.363 412.801 915.192 369.18554.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAABBB

Variable visualization

ROA:-12.4%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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