Grocon Holding ApS — Credit Rating and Financial Key Figures

Grocon Holding ApS (CVR number: 40486461K) is a company from VEJLE. The company reported a net sales of 512.1 mDKK in 2023, demonstrating a growth of 44.6 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 26.6 mDKK), while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. Grocon Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.