Green Hydrogen Systems A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Green Hydrogen Systems A/S
Green Hydrogen Systems A/S (CVR number: 30548701) is a company from KOLDING. The company recorded a gross profit of -4360.3 kDKK in 2019. The operating profit was -9113.1 kDKK, while net earnings were -7688.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -26 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. Green Hydrogen Systems A/S's liquidity measured by quick ratio was 3.2 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 453.97 | - 307.00 | -4 354.00 | -4 360.34 |
EBIT | -1 104.00 | - 870.00 | -9 113.00 | -9 113.05 |
Net earnings | - 572.60 | - 533.00 | -7 688.00 | -7 688.17 |
Shareholders equity total | 6 916.51 | 6 384.00 | 29 560.00 | 29 559.70 |
Balance sheet total (assets) | 7 700.46 | 9 527.00 | 49 152.00 | 49 150.86 |
Net debt | - 967.11 | -1 089.00 | -14 675.00 | -14 672.02 |
Profitability | ||||
EBIT-% | ||||
ROA | -14.3 % | -10.1 % | -31.1 % | -18.5 % |
ROE | -8.3 % | -8.0 % | -42.8 % | -26.0 % |
ROI | -15.9 % | -13.1 % | -44.8 % | -26.6 % |
Economic value added (EVA) | - 783.84 | - 807.97 | -7 511.64 | -7 743.92 |
Solvency | ||||
Equity ratio | 89.8 % | 71.0 % | 67.9 % | 67.9 % |
Gearing | 1.9 % | 1.9 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.1 | 1.6 | 3.2 | 3.2 |
Current ratio | 4.3 | 1.4 | 2.5 | 2.5 |
Cash and cash equivalents | 967.11 | 1 089.00 | 15 226.00 | 15 222.73 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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