Greener Fuel Europe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Greener Fuel Europe ApS
Greener Fuel Europe ApS (CVR number: 40116427) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -90.7 kDKK in 2024. The operating profit was -106.6 kDKK, while net earnings were -60.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -26.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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. Greener Fuel Europe 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40.18 | 41.26 | 100.70 | 10.81 | -90.68 |
EBIT | -43.56 | -12.12 | 59.64 | 10.81 | - 106.63 |
Net earnings | 93.92 | -82.36 | 88.30 | -19.61 | -60.78 |
Shareholders equity total | 273.91 | 191.55 | 279.85 | 260.24 | 199.46 |
Balance sheet total (assets) | 316.96 | 434.99 | 498.05 | 431.72 | 378.65 |
Net debt | 7.22 | 7.95 | -22.45 | -6.56 | 30.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.9 % | -24.6 % | 21.9 % | -3.7 % | -18.4 % |
ROE | 57.1 % | -35.4 % | 37.5 % | -7.3 % | -26.4 % |
ROI | 46.6 % | -38.1 % | 42.0 % | -6.2 % | -29.8 % |
Economic value added (EVA) | -47.80 | -22.84 | 36.21 | -6.18 | -96.39 |
Solvency | |||||
Equity ratio | 86.4 % | 44.0 % | 56.2 % | 60.3 % | 52.7 % |
Gearing | 3.5 % | 5.0 % | 2.2 % | 1.0 % | 18.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 1.4 | 1.6 | 1.8 | 0.7 |
Current ratio | 3.2 | 1.4 | 1.6 | 1.8 | 1.4 |
Cash and cash equivalents | 2.27 | 1.54 | 28.53 | 9.19 | 6.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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