GROTEX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GROTEX ApS
GROTEX ApS (CVR number: 35648984) is a company from NÆSTVED. The company recorded a gross profit of 521.9 kDKK in 2024. The operating profit was 27.3 kDKK, while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. GROTEX ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 697.26 | 1 267.28 | 974.33 | 519.99 | 521.93 |
EBIT | 207.92 | 681.51 | 374.86 | -25.14 | 27.28 |
Net earnings | 146.24 | 500.86 | 260.69 | -42.96 | -4.17 |
Shareholders equity total | 2 607.30 | 2 995.16 | 3 141.45 | 2 980.69 | 2 854.51 |
Balance sheet total (assets) | 4 235.40 | 5 026.14 | 5 101.14 | 4 974.24 | 4 246.19 |
Net debt | - 417.05 | - 768.00 | -1 014.19 | - 569.79 | - 394.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 14.7 % | 7.4 % | -0.3 % | 0.9 % |
ROE | 5.6 % | 17.9 % | 8.5 % | -1.4 % | -0.1 % |
ROI | 7.2 % | 21.6 % | 11.0 % | -0.5 % | 1.2 % |
Economic value added (EVA) | 91.14 | 450.26 | 209.13 | -97.47 | -69.45 |
Solvency | |||||
Equity ratio | 61.6 % | 59.6 % | 61.6 % | 59.9 % | 67.2 % |
Gearing | 11.2 % | 9.7 % | 9.3 % | 10.2 % | 11.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.6 | 1.4 | 1.5 |
Current ratio | 2.0 | 2.1 | 2.2 | 2.1 | 2.5 |
Cash and cash equivalents | 710.10 | 1 059.10 | 1 306.73 | 873.66 | 708.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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