GREEN INSTRUMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN INSTRUMENTS A/S
GREEN INSTRUMENTS A/S (CVR number: 21459437K) is a company from Brønderslev. The company recorded a gross profit of 57.4 mDKK in 2021. The operating profit was -6540 kDKK, while net earnings were -5773 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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 INSTRUMENTS A/S's liquidity measured by quick ratio was 2.8 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 financials2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 50 262.00 | 229 730.00 | 97 115.00 | 57 435.00 |
EBIT | 30 676.00 | 170 759.00 | 37 548.00 | -6 540.00 |
Net earnings | 24 024.00 | 132 129.00 | 28 162.00 | -5 773.00 |
Shareholders equity total | 34 842.00 | 101 194.00 | 108 409.00 | 103 052.00 |
Balance sheet total (assets) | 76 108.00 | 210 562.00 | 190 059.00 | 148 827.00 |
Net debt | 9 355.00 | -4 525.00 | 12 576.00 | 13 781.00 |
Profitability | ||||
EBIT-% | ||||
ROA | 40.4 % | 119.6 % | 19.0 % | -3.8 % |
ROE | 69.8 % | 200.6 % | 28.0 % | -5.7 % |
ROI | 66.8 % | 205.6 % | 29.1 % | -4.7 % |
Economic value added (EVA) | 24 209.46 | 131 230.31 | 24 425.29 | -10 790.93 |
Solvency | ||||
Equity ratio | 45.8 % | 48.1 % | 57.0 % | 69.9 % |
Gearing | 31.4 % | 6.1 % | 24.1 % | 22.5 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 1.0 | 0.6 | 2.8 |
Current ratio | 1.7 | 2.0 | 2.8 | 5.7 |
Cash and cash equivalents | 1 591.00 | 10 726.00 | 13 587.00 | 9 400.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | A | A |
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