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

CVR number: 30548701
Nordager 21, 6000 Kolding
info@greenhydrogen.dk
tel: 75503500
www.greenhydrogen.dk

Credit rating

Company information

Official name
Green Hydrogen Systems A/S
Personnel
340 persons
Established
2007
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
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 total6 916.516 384.0029 560.0029 559.70
Balance sheet total (assets)7 700.469 527.0049 152.0049 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 ratio89.8 %71.0 %67.9 %67.9 %
Gearing1.9 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.11.63.23.2
Current ratio4.31.42.52.5
Cash and cash equivalents967.111 089.0015 226.0015 222.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-18.5%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Board member
Board member

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