GREEN MATTERS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN MATTERS ApS
GREEN MATTERS ApS (CVR number: 31850940) is a company from KØBENHAVN. The company recorded a gross profit of 141.5 kDKK in 2023. The operating profit was -108.5 kDKK, while net earnings were -87.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GREEN MATTERS ApS's liquidity measured by quick ratio was 1.2 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 | 1 433.65 | 971.54 | 989.70 | 504.61 | 141.46 |
EBIT | 488.45 | 431.42 | 524.45 | -31.49 | - 108.53 |
Net earnings | 363.54 | 337.11 | 382.42 | -78.43 | -87.91 |
Shareholders equity total | 1 634.11 | 1 071.22 | 1 053.64 | 575.21 | 487.30 |
Balance sheet total (assets) | 3 246.84 | 2 369.91 | 2 132.93 | 1 875.61 | 1 226.17 |
Net debt | - 328.01 | - 639.50 | - 330.15 | -42.62 | -20.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.6 % | 15.8 % | 23.3 % | -1.6 % | -6.0 % |
ROE | 25.0 % | 24.9 % | 36.0 % | -9.6 % | -16.5 % |
ROI | 35.0 % | 31.5 % | 39.6 % | -2.3 % | -7.7 % |
Economic value added (EVA) | 316.05 | 267.16 | 391.93 | -39.92 | -75.52 |
Solvency | |||||
Equity ratio | 50.3 % | 45.2 % | 49.4 % | 30.7 % | 39.7 % |
Gearing | 9.8 % | 39.9 % | 127.1 % | 126.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 1.4 | 1.1 | 1.2 |
Current ratio | 2.1 | 2.0 | 2.2 | 1.4 | 1.7 |
Cash and cash equivalents | 328.01 | 744.15 | 750.60 | 773.61 | 636.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BB |
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