Greenwitch ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Greenwitch ApS
Greenwitch ApS (CVR number: 38469495) is a company from KØBENHAVN. The company recorded a gross profit of 267 kDKK in 2023. The operating profit was -539.9 kDKK, while net earnings were -429.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.3 %, which can be considered poor and Return on Equity (ROE) was -94.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. Greenwitch ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 198.26 | 488.84 | 572.69 | 92.17 | 266.96 |
EBIT | -26.08 | 88.64 | 8.51 | - 490.15 | - 539.88 |
Net earnings | -33.56 | 81.21 | 7.48 | - 395.44 | - 429.09 |
Shareholders equity total | 41.20 | 55.61 | 1 063.09 | 667.65 | 238.57 |
Balance sheet total (assets) | 252.69 | 448.70 | 1 249.76 | 956.37 | 493.71 |
Net debt | 139.47 | - 160.41 | -1 021.43 | - 579.90 | - 102.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.9 % | 25.3 % | 1.6 % | -44.4 % | -74.3 % |
ROE | -58.7 % | 167.8 % | 1.3 % | -45.7 % | -94.7 % |
ROI | -15.1 % | 48.5 % | 2.1 % | -54.1 % | -114.9 % |
Economic value added (EVA) | -17.63 | 79.94 | 17.72 | - 339.09 | - 377.24 |
Solvency | |||||
Equity ratio | 16.3 % | 12.4 % | 85.1 % | 69.8 % | 48.3 % |
Gearing | 343.2 % | 229.6 % | 4.8 % | 4.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 8.6 | 2.6 | 0.7 |
Current ratio | 0.9 | 1.1 | 8.6 | 2.8 | 0.8 |
Cash and cash equivalents | 1.94 | 288.07 | 1 072.02 | 611.78 | 102.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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