THE GROWER ApS

Q: What is the CVR number of THE GROWER ApS?

THE GROWER ApS is registered with CVR / Virk under CVR 29140049.

Q: What is the gross profit of THE GROWER ApS?

THE GROWER ApS reported a gross profit of -DKK 107.4k in 2015.

Q: Where is THE GROWER ApS headquartered?

THE GROWER ApS's registered address is Slettensvej 215.

APSDissolved

CVR 29140049Slettensvej 215, 5270 Odense NGrowing of vegetables and melons, roots and tubers· NACE 0113Est. 2005 · 20 years old— employees

Overview

THE GROWER ApS is a Danish APS based in Odense N, operating in the Growing of vegetables and melons, roots and tubers sector. Incorporated in 2005, the company reported a gross profit of -DKK 107.4k in its latest annual filing.

Gross profit 2015

-0.1M DKK

−73% vs 2015

EBITDA margin (of gross profit)

100.0 %

+73% vs 2015

Net profit 2015

-15.1M DKK

-190% vs 2015

Key ratios

See full ratios →

90.2 %

Very strong

Among the 20% highest rated companies in the industry

20142015

4.6×

Very strong

Among the 20% highest rated companies in the industry

20142015

-13.3 %

Very weak

Among the 20% lowest rated companies in the industry

20142015

EBITDA — year on year

DKK millions

Key figures

Annual report 2015

Gross profit	-0.1M DKK	-73%
EBITDA	-0.1M DKK	+73%
Net profit	-15.1M DKK	-190%
Total assets	113.7M DKK	-15%
Equity	102.5M DKK	-18%
Employees	—	—

Financial development

In its most recent annual report (2015), THE GROWER ApS reported a gross profit of -DKK 107.4k. The figures on this page draw on 3 annual filings covering 2014 to 2015. The bottom line showed a net loss of DKK 15.1m.

At the end of 2015, equity financed 90.2% of the balance sheet, and current assets covered short-term debt 4.6 times.

Financials

Revenue

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2015	2015	2014
Revenue	-107	-394	11,402
Staff expenses	-0	-0	-66,233
EBITDA	-107	-394	31,124
Depreciation & amort.	-0	-0	-19,722
EBIT	-107	-394	11,402
Net financials	-14,950	-4,478	-170
Profit before tax	-15,057	-4,788	11,232
Tax	15	408	1,881
Net profit	-15,072	-5,198	9,351

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Balance sheet

DKK thousands

Item	2015	2015	2014
Total assets	113,674	134,006	270,479
Equity	102,536	125,608	138,680
Long-term debt	0	0	80,497
Short-term debt	11,137	8,397	33,428
Total debt	11,137	8,397	113,925

Financial ratios

5-year trend

EBITDA margin

<−999 %

20142015

Equity ratio

90.2 %

Very strong

Among the 20% highest rated companies in the industry

20142015

Return on equity

-14.7 %

Very weak

Among the 20% lowest rated companies in the industry

20142015

Net profit margin

<−999 %

20142015

Asset turnover

-0.00×

20142015

Debt / equity

0.11×

Very strong

Among the 20% highest rated companies in the industry

20142015

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2015
Filed via CVR / Virk · Period 2015-07-01 – 2015-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-07-01 – 2015-06-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-07-01 – 2014-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


KM Kristian Madsen Management	Management	2005 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kristian Madsen	Individual	100%	100%	2005

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of THE GROWER ApS also hold positions in 1 other company.

Person	Role here	Other companies
Kristian Madsen	Management	1 company

Frequently asked questions

What is the CVR number of THE GROWER ApS?

THE GROWER ApS is registered with CVR / Virk under CVR 29140049.

What is the gross profit of THE GROWER ApS?

THE GROWER ApS reported a gross profit of -DKK 107.4k in 2015.

Where is THE GROWER ApS headquartered?

THE GROWER ApS's registered address is Slettensvej 215.