GROWZ ApS — Credit Rating and Financial Key Figures

GROWZ ApS (CVR number: 33751753) is a company from NYBORG. The company recorded a gross profit of 1409.5 kDKK in 2023. The operating profit was 55.5 kDKK, while net earnings were 41.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. GROWZ ApS's liquidity measured by quick ratio was 1.7 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.