GREEN INSTRUMENTS A/S
Credit rating
Company information
About GREEN INSTRUMENTS A/S
GREEN INSTRUMENTS A/S (CVR number: 21459437) is a company from Brønderslev. The company recorded a gross profit of 68.2 mDKK in 2023. The operating profit was 18.3 mDKK, while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. GREEN INSTRUMENTS A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 215 789.00 | 91 279.00 | 52 469.00 | 65 311.13 | 68 245.09 |
EBIT | 158 979.00 | 35 050.00 | -7 875.00 | 24 088.13 | 18 264.21 |
Net earnings | 123 185.00 | 26 364.00 | -6 906.00 | 19 552.41 | 13 259.98 |
Shareholders equity total | 91 636.00 | 98 000.00 | 91 094.00 | 83 788.41 | 62 048.39 |
Balance sheet total (assets) | 198 616.00 | 175 197.00 | 134 444.00 | 136 096.82 | 110 677.95 |
Net debt | -2 278.00 | 24 391.00 | 18 244.00 | -5 362.14 | 23 092.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 117.7 % | 19.0 % | -5.0 % | 19.3 % | 15.5 % |
ROE | 195.7 % | 27.8 % | -7.3 % | 22.4 % | 18.2 % |
ROI | 205.4 % | 29.5 % | -6.2 % | 23.1 % | 19.6 % |
Economic value added (EVA) | 122 254.08 | 22 852.48 | -11 815.86 | 13 815.16 | 9 726.11 |
Solvency | |||||
Equity ratio | 46.1 % | 56.4 % | 68.5 % | 62.5 % | 57.6 % |
Gearing | 6.4 % | 28.0 % | 24.9 % | 24.8 % | 38.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.5 | 2.3 | 2.3 | 1.1 |
Current ratio | 1.9 | 2.7 | 5.3 | 3.8 | 2.8 |
Cash and cash equivalents | 8 146.00 | 3 085.00 | 4 414.00 | 26 105.20 | 467.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AAA | BBB | AA | AA |
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