Growup ApS — Credit Rating and Financial Key Figures

Growup ApS (CVR number: 39852640) is a company from ODENSE. The company recorded a gross profit of 25.1 kDKK in 2024. The operating profit was 20.6 kDKK, while net earnings were 13 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 294.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -98.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Growup ApS's liquidity measured by quick ratio was 0 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.