Biz2Grow ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Biz2Grow ApS
Biz2Grow ApS (CVR number: 38935348) is a company from HORSENS. The company recorded a gross profit of 927 kDKK in 2024. The operating profit was -224.2 kDKK, while net earnings were -177.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.7 %, which can be considered poor and Return on Equity (ROE) was -96.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Biz2Grow ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 558.53 | 680.37 | 832.86 | 983.99 | 926.98 |
EBIT | 113.73 | - 111.17 | 68.45 | 169.04 | - 224.16 |
Net earnings | 111.20 | -87.76 | 48.36 | 126.23 | - 177.63 |
Shareholders equity total | -40.95 | -93.71 | -45.35 | 80.88 | -96.75 |
Balance sheet total (assets) | 158.29 | 205.79 | 189.72 | 406.08 | 288.07 |
Net debt | -5.49 | 110.97 | -29.89 | -77.79 | -5.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.0 % | -44.6 % | 25.6 % | 52.7 % | -56.7 % |
ROE | 94.3 % | -48.2 % | 24.5 % | 93.3 % | -96.3 % |
ROI | 103.6 % | -200.3 % | 80.7 % | 183.7 % | -218.2 % |
Economic value added (EVA) | 110.35 | -82.22 | 50.56 | 127.34 | - 183.57 |
Solvency | |||||
Equity ratio | -20.6 % | -31.3 % | -19.3 % | 19.9 % | -25.1 % |
Gearing | -118.4 % | -129.1 % | 55.1 % | -82.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.8 | 1.2 | 0.7 |
Current ratio | 0.7 | 0.7 | 0.8 | 1.2 | 0.7 |
Cash and cash equivalents | 5.49 | 0.02 | 88.45 | 122.34 | 85.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | BB | B | BB | BB |
Variable visualization
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