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Grassy ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Grassy ApS
Grassy ApS (CVR number: 42214744) is a company from KOLDING. The company recorded a gross profit of -90 kDKK in 2025. The operating profit was -90 kDKK, while net earnings were -104.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -139.4 %, which can be considered poor and Return on Equity (ROE) was -179.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, 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. Grassy ApS's liquidity measured by quick ratio was 1.8 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 44.95 | -2.65 | 143.07 | -4.37 | -89.97 |
| EBIT | 44.95 | -2.65 | 113.07 | -64.37 | -89.97 |
| Net earnings | 34.89 | -2.32 | 87.50 | -50.07 | - 104.09 |
| Shareholders equity total | 74.89 | 72.57 | 160.07 | 109.99 | 5.90 |
| Balance sheet total (assets) | 200.42 | 239.29 | 192.81 | 115.36 | 13.71 |
| Net debt | 51.13 | 129.80 | -15.36 | -27.20 | -10.06 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 22.4 % | -0.9 % | 52.4 % | -41.7 % | -139.4 % |
| ROE | 46.6 % | -3.1 % | 75.2 % | -37.1 % | -179.6 % |
| ROI | 28.9 % | -1.1 % | 61.6 % | -47.5 % | -153.7 % |
| Economic value added (EVA) | 35.03 | -10.45 | 77.59 | -58.26 | - 109.62 |
| Solvency | |||||
| Equity ratio | 37.4 % | 30.3 % | 83.0 % | 95.4 % | 43.0 % |
| Gearing | 107.4 % | 186.0 % | 0.1 % | 19.1 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 0.2 | 1.3 | 7.7 | 1.8 |
| Current ratio | 1.6 | 1.4 | 5.9 | 21.5 | 1.8 |
| Cash and cash equivalents | 29.29 | 5.20 | 15.36 | 27.28 | 11.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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