GREENMATIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREENMATIC A/S
GREENMATIC A/S (CVR number: 34604320) is a company from TÅRNBY. The company recorded a gross profit of 962.7 kDKK in 2023. The operating profit was -180.9 kDKK, while net earnings were -18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. GREENMATIC A/S's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 858.20 | 980.55 | 1 634.95 | 2 387.69 | 962.73 |
EBIT | 62.73 | 436.87 | 984.07 | 1 502.22 | - 180.93 |
Net earnings | 7.67 | 309.81 | 779.63 | 1 192.91 | -18.09 |
Shareholders equity total | 2 222.91 | 2 532.72 | 3 312.35 | 4 505.26 | 3 987.18 |
Balance sheet total (assets) | 3 758.38 | 4 111.51 | 5 106.29 | 6 288.69 | 5 309.41 |
Net debt | 723.76 | - 160.36 | - 137.24 | - 381.47 | - 471.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 11.6 % | 21.8 % | 28.1 % | 0.1 % |
ROE | 0.3 % | 13.0 % | 26.7 % | 30.5 % | -0.4 % |
ROI | 2.4 % | 16.5 % | 34.0 % | 40.7 % | 0.1 % |
Economic value added (EVA) | -62.98 | 234.15 | 656.81 | 1 007.90 | - 366.32 |
Solvency | |||||
Equity ratio | 59.1 % | 61.6 % | 64.9 % | 71.6 % | 75.1 % |
Gearing | 33.6 % | 0.6 % | 0.1 % | 0.1 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 1.2 | 1.6 | 1.7 |
Current ratio | 2.2 | 2.5 | 2.8 | 3.5 | 4.0 |
Cash and cash equivalents | 24.21 | 175.91 | 141.20 | 386.42 | 491.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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