Canngros ApS — Credit Rating and Financial Key Figures

Canngros ApS (CVR number: 39039451) is a company from VARDE. The company recorded a gross profit of 1856.7 kDKK in 2023. The operating profit was 514 kDKK, while net earnings were 389.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Canngros ApS's liquidity measured by quick ratio was 2.1 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.