Green Hydrogen Systems A/S — Credit Rating and Financial Key Figures

Green Hydrogen Systems A/S (CVR number: 30548701K) is a company from KOLDING. The company reported a net sales of 42 mDKK in 2023, demonstrating a growth of 302.8 % compared to the previous year. The operating profit percentage was poor at -944.7 % (EBIT: -396.6 mDKK), while net earnings were -406.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -46.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Green Hydrogen Systems A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.