GreenGrow ApS — Credit Rating and Financial Key Figures

GreenGrow ApS (CVR number: 40246266) is a company from GREVE. The company recorded a gross profit of 80.9 kDKK in 2023. The operating profit was 45.9 kDKK, while net earnings were 28.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GreenGrow ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.