DEGROW ApS — Credit Rating and Financial Key Figures

CVR number: 32826490
Kørvelvej 8, 5500 Middelfart
epernst@dynamicsuser.net
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Credit rating

Company information

Official name
DEGROW ApS
Established
2010
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings148.58-74.69- 134.91-20.84428.46
Shareholders equity total712.55527.26279.35258.52686.98
Balance sheet total (assets)1 044.04601.20358.89351.35868.97
Net debt88.6451.8350.7356.8954.62
Profitability
EBIT-%
ROA15.8 %-6.0 %-21.7 %-9.3 %70.4 %
ROE21.5 %-12.0 %-33.5 %-7.7 %90.6 %
ROI20.4 %-7.2 %-22.9 %-10.2 %81.3 %
Economic value added (EVA)-42.67-22.64-24.89-16.76-9.75
Solvency
Equity ratio68.2 %87.7 %77.8 %73.6 %79.1 %
Gearing12.4 %9.8 %18.2 %22.0 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.16.23.61.82.7
Current ratio2.16.23.61.82.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:70.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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