Growbix ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Growbix ApS
Growbix ApS (CVR number: 37033944) is a company from KØBENHAVN. The company recorded a gross profit of 861.1 kDKK in 2024. The operating profit was -81.3 kDKK, while net earnings were -70.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. Growbix ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 792.56 | ||||
Gross profit | 2 600.33 | 3 505.66 | 6 085.68 | 2 539.44 | 861.07 |
EBIT | 420.46 | 596.15 | 795.16 | -1 362.10 | -81.35 |
Net earnings | 327.96 | 465.00 | 620.76 | -1 286.89 | -70.18 |
Shareholders equity total | 865.24 | 1 221.46 | 1 936.62 | 649.72 | 579.54 |
Balance sheet total (assets) | 1 712.40 | 1 385.82 | 2 248.07 | 1 320.66 | 1 351.82 |
Net debt | - 874.31 | - 188.46 | - 642.71 | - 674.89 | - 323.89 |
Profitability | |||||
EBIT-% | 11.1 % | ||||
ROA | 37.2 % | 38.5 % | 43.8 % | -76.3 % | -5.9 % |
ROE | 51.6 % | 44.6 % | 39.3 % | -99.5 % | -11.4 % |
ROI | 64.2 % | 56.6 % | 50.4 % | -104.0 % | -12.2 % |
Economic value added (EVA) | 331.07 | 484.01 | 603.07 | -1 084.46 | -57.18 |
Solvency | |||||
Equity ratio | 50.5 % | 88.1 % | 86.1 % | 49.2 % | 42.9 % |
Gearing | 2.3 % | 5.0 % | 4.7 % | ||
Relative net indebtedness % | -1.2 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 7.8 | 6.9 | 1.6 | 1.4 |
Current ratio | 2.0 | 8.2 | 7.1 | 1.6 | 1.4 |
Cash and cash equivalents | 893.96 | 188.46 | 642.71 | 707.39 | 351.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.2 | ||||
Net working capital % | 22.2 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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