Growing Trees Network Global Aps — Credit Rating and Financial Key Figures

CVR number: 40333797
Norddigesvej 2, 8240 Risskov
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Company information

Official name
Growing Trees Network Global Aps
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About Growing Trees Network Global Aps

Growing Trees Network Global Aps (CVR number: 40333797) is a company from AARHUS. The company reported a net sales of 5.4 mDKK in 2024, demonstrating a decline of -31.3 % compared to the previous year. The operating profit percentage was poor at -7.8 % (EBIT: -0.4 mDKK), while net earnings were -398.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Growing Trees Network Global Aps's liquidity measured by quick ratio was 0.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales3 550.557 910.616 988.397 807.525 362.25
Gross profit208.021 284.631 252.041 392.94987.44
EBIT13.01- 315.9014.39- 236.09- 420.14
Net earnings6.34- 336.12-5.16- 258.48- 398.74
Shareholders equity total59.07- 277.06- 282.22- 540.70- 939.44
Balance sheet total (assets)1 987.105 531.685 348.815 980.962 988.09
Net debt-1 481.75-3 577.57-3 677.10-3 938.97-1 762.58
Profitability
EBIT-%0.4 %-4.0 %0.2 %-3.0 %-7.8 %
ROA1.0 %-8.1 %0.3 %-3.9 %-7.6 %
ROE11.4 %-12.0 %-0.1 %-4.6 %-8.9 %
ROI23.3 %-1069.6 %
Economic value added (EVA)7.19- 318.8728.32- 221.91- 392.97
Solvency
Equity ratio3.0 %-4.8 %-5.0 %-8.3 %-23.9 %
Gearing
Relative net indebtedness %12.6 %28.2 %28.0 %33.1 %40.4 %
Liquidity
Quick ratio1.01.00.90.90.8
Current ratio1.01.00.90.90.8
Cash and cash equivalents1 481.753 577.573 677.103 938.971 762.58
Capital use efficiency
Trade debtors turnover (days)51.990.261.386.982.8
Net working capital %1.7 %-3.5 %-4.0 %-6.9 %-17.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-7.61%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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