GREENWOOD ENGINEERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREENWOOD ENGINEERING A/S
GREENWOOD ENGINEERING A/S (CVR number: 16503592) is a company from BRØNDBY. The company recorded a gross profit of 17.2 mDKK in 2023. The operating profit was -9571.4 kDKK, while net earnings were -10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GREENWOOD ENGINEERING A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 32 248.06 | 31 240.68 | 46 656.80 | 34 402.08 | 17 243.56 |
EBIT | 8 551.76 | 5 510.23 | 20 466.81 | 5 650.38 | -9 571.42 |
Net earnings | 6 937.50 | 4 408.58 | 16 109.76 | 4 198.63 | -10 269.31 |
Shareholders equity total | 29 329.77 | 31 591.08 | 45 700.83 | 44 899.46 | 34 630.15 |
Balance sheet total (assets) | 45 613.36 | 45 540.24 | 58 415.53 | 72 132.50 | 59 925.53 |
Net debt | 1 090.83 | -4 742.80 | -1 967.09 | 15 792.92 | 17 057.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 13.6 % | 40.3 % | 8.8 % | -14.4 % |
ROE | 26.4 % | 14.5 % | 41.7 % | 9.3 % | -25.8 % |
ROI | 26.5 % | 16.1 % | 50.0 % | 10.7 % | -16.9 % |
Economic value added (EVA) | 6 013.16 | 3 309.18 | 14 857.99 | 2 249.18 | -11 708.84 |
Solvency | |||||
Equity ratio | 64.7 % | 71.7 % | 80.3 % | 62.2 % | 58.1 % |
Gearing | 31.3 % | 12.2 % | 0.6 % | 35.8 % | 50.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.9 | 3.4 | 1.8 | 1.5 |
Current ratio | 2.8 | 3.8 | 4.5 | 2.6 | 2.3 |
Cash and cash equivalents | 8 088.84 | 8 603.16 | 2 230.06 | 274.55 | 289.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | A | AAA | A |
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