DEGROW ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DEGROW ApS
DEGROW ApS (CVR number: 32826490) is a company from MIDDELFART. The company recorded a gross profit of -8.7 kDKK in 2023. The operating profit was -8.7 kDKK, while net earnings were 428.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.4 %, which can be considered excellent and Return on Equity (ROE) was 90.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DEGROW ApS's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.54 | -6.03 | -6.22 | -6.55 | -8.69 |
EBIT | -40.79 | -6.03 | -6.22 | -6.55 | -8.69 |
Net earnings | 148.58 | -74.69 | - 134.91 | -20.84 | 428.46 |
Shareholders equity total | 712.55 | 527.26 | 279.35 | 258.52 | 686.98 |
Balance sheet total (assets) | 1 044.04 | 601.20 | 358.89 | 351.35 | 868.97 |
Net debt | 88.64 | 51.83 | 50.73 | 56.89 | 54.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.8 % | -6.0 % | -21.7 % | -9.3 % | 70.4 % |
ROE | 21.5 % | -12.0 % | -33.5 % | -7.7 % | 90.6 % |
ROI | 20.4 % | -7.2 % | -22.9 % | -10.2 % | 81.3 % |
Economic value added (EVA) | -42.67 | -22.64 | -24.89 | -16.76 | -9.75 |
Solvency | |||||
Equity ratio | 68.2 % | 87.7 % | 77.8 % | 73.6 % | 79.1 % |
Gearing | 12.4 % | 9.8 % | 18.2 % | 22.0 % | 8.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 6.2 | 3.6 | 1.8 | 2.7 |
Current ratio | 2.1 | 6.2 | 3.6 | 1.8 | 2.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
Variable visualization
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