The Grower 3 ApS — Credit Rating and Financial Key Figures

CVR number: 38516051
Slettensvej 215, Anderup 5270 Odense N

Credit rating

Company information

Official name
The Grower 3 ApS
Established
2016
Domicile
Anderup
Company form
Private limited company
Industry

About The Grower 3 ApS

The Grower 3 ApS (CVR number: 38516051) is a company from ODENSE. The company recorded a gross profit of -82.8 kDKK in 2023. The operating profit was -82.8 kDKK, while net earnings were 1021 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. The Grower 3 ApS's liquidity measured by quick ratio was 4.5 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-30.18-66.37-65.48-36.80-82.78
EBIT-30.18-66.37-65.48-36.80-82.78
Net earnings505.35272.76272.33-1 687.781 020.97
Shareholders equity total7 601.117 873.888 146.216 458.437 479.41
Balance sheet total (assets)9 468.399 808.1810 221.708 570.869 628.58
Net debt-7 626.53-7 895.02-8 296.55-6 430.71-7 513.01
Profitability
EBIT-%
ROA5.8 %3.7 %4.1 %-0.4 %11.3 %
ROE6.9 %3.5 %3.4 %-23.1 %14.7 %
ROI5.8 %3.7 %4.1 %-0.4 %11.3 %
Economic value added (EVA)64.3342.1853.1867.5021.73
Solvency
Equity ratio80.3 %80.3 %79.7 %75.4 %77.7 %
Gearing24.2 %24.3 %23.6 %32.6 %28.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.15.14.94.14.5
Current ratio5.15.14.94.14.5
Cash and cash equivalents9 468.399 808.1810 221.708 538.149 613.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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