GRWTH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRWTH ApS
GRWTH ApS (CVR number: 41680431) is a company from VEJLE. The company recorded a gross profit of -20.5 kDKK in 2023. The operating profit was -20.5 kDKK, while net earnings were -37.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.2 %, which can be considered poor and Return on Equity (ROE) was -173.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GRWTH ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -3.75 | 55.75 | -20.55 |
EBIT | -3.75 | -22.72 | -20.55 |
Net earnings | -4.40 | -35.28 | -37.60 |
Shareholders equity total | 35.60 | 0.32 | -37.28 |
Balance sheet total (assets) | 78.69 | 75.02 | 43.09 |
Net debt | 39.12 | -30.50 | 37.64 |
Profitability | |||
EBIT-% | |||
ROA | -4.8 % | -29.6 % | -50.2 % |
ROE | -12.4 % | -196.5 % | -173.2 % |
ROI | -5.0 % | -37.9 % | -64.9 % |
Economic value added (EVA) | -3.75 | -17.91 | -12.27 |
Solvency | |||
Equity ratio | 45.2 % | 0.4 % | -46.4 % |
Gearing | 110.5 % | 14043.5 % | -202.2 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.0 | 1.0 | 0.5 |
Current ratio | 0.0 | 1.0 | 0.5 |
Cash and cash equivalents | 0.22 | 75.02 | 37.74 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | BB |
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