GRO Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GRO Invest ApS
GRO Invest ApS (CVR number: 39475820) is a company from KOLDING. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -55.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. GRO Invest ApS's liquidity measured by quick ratio was 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.50 | -2.13 | -11.05 | ||
EBIT | -1.50 | -2.13 | -11.05 | ||
Net earnings | 91.46 | 127.18 | 41.85 | -99.68 | -55.91 |
Shareholders equity total | 218.84 | 346.02 | 387.87 | 288.19 | 232.28 |
Balance sheet total (assets) | 219.46 | 346.64 | 552.02 | 356.84 | 383.69 |
Net debt | 0.62 | 0.62 | - 206.94 | - 218.84 | - 177.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.6 % | 44.9 % | 9.9 % | -16.6 % | -15.0 % |
ROE | 52.8 % | 45.0 % | 11.4 % | -29.5 % | -21.5 % |
ROI | 40.1 % | 44.9 % | 9.9 % | -16.6 % | -15.0 % |
Economic value added (EVA) | -5.14 | -2.76 | -4.15 | 5.06 | -5.37 |
Solvency | |||||
Equity ratio | 99.7 % | 99.8 % | 70.3 % | 80.8 % | 60.5 % |
Gearing | 0.3 % | 0.2 % | 42.3 % | 23.8 % | 64.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 202.9 | 202.9 | 2.5 | 4.2 | 2.4 |
Current ratio | 202.9 | 202.9 | 2.5 | 4.2 | 2.4 |
Cash and cash equivalents | 371.09 | 287.49 | 327.60 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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