Credit rating
Company information
About GROTEX ApS
GROTEX ApS (CVR number: 35648984) is a company from NÆSTVED. The company recorded a gross profit of 496.7 kDKK in 2023. The operating profit was -25.1 kDKK, while net earnings were -43 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. GROTEX 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 709.80 | 697.26 | 1 267.28 | 974.33 | 496.66 |
EBIT | 284.63 | 207.92 | 681.51 | 374.86 | -25.14 |
Net earnings | 157.56 | 146.24 | 500.86 | 260.69 | -42.96 |
Shareholders equity total | 2 571.66 | 2 607.30 | 2 995.16 | 3 141.45 | 2 980.69 |
Balance sheet total (assets) | 4 661.36 | 4 235.40 | 5 026.14 | 5 101.14 | 4 974.24 |
Net debt | 202.31 | - 417.05 | - 768.00 | -1 014.19 | - 569.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 5.1 % | 14.7 % | 7.4 % | -0.3 % |
ROE | 6.2 % | 5.6 % | 17.9 % | 8.5 % | -1.4 % |
ROI | 6.7 % | 7.2 % | 21.6 % | 11.0 % | -0.5 % |
Economic value added (EVA) | 250.17 | 91.14 | 450.26 | 209.13 | -97.47 |
Solvency | |||||
Equity ratio | 55.2 % | 61.6 % | 59.6 % | 61.6 % | 59.9 % |
Gearing | 27.0 % | 11.2 % | 9.7 % | 9.3 % | 10.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.8 | 1.6 | 1.4 |
Current ratio | 1.7 | 2.0 | 2.1 | 2.2 | 2.1 |
Cash and cash equivalents | 491.56 | 710.10 | 1 059.10 | 1 306.73 | 873.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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