BY GREEN COTTON A/S — Credit Rating and Financial Key Figures

CVR number: 31174058
Thrigesvej 5, 7430 Ikast
info@green-cotton.dk
tel: 70702509

Company information

Official name
BY GREEN COTTON A/S
Personnel
11 persons
Established
2008
Company form
Limited company
Industry

About BY GREEN COTTON A/S

BY GREEN COTTON A/S (CVR number: 31174058) is a company from IKAST-BRANDE. The company recorded a gross profit of -2743.3 kDKK in 2023. The operating profit was -9222 kDKK, while net earnings were -7912 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.4 %, which can be considered poor and Return on Equity (ROE) was -308.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BY GREEN COTTON A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 254.983 462.014 059.65-13.66-2 743.28
EBIT-1 919.63- 764.70- 632.74-6 479.08-9 222.03
Net earnings-1 658.64- 826.20- 800.96-5 565.27-7 911.97
Shareholders equity total1 715.46889.264 088.303 523.041 611.07
Balance sheet total (assets)12 731.3811 327.1212 871.5117 353.3819 174.18
Net debt8 845.676 771.633 471.879 971.9014 869.51
Profitability
EBIT-%
ROA-15.5 %-6.2 %-4.9 %-42.7 %-50.4 %
ROE-65.2 %-63.4 %-32.2 %-146.2 %-308.2 %
ROI-18.4 %-7.9 %-7.4 %-59.6 %-60.9 %
Economic value added (EVA)-1 656.64- 675.53- 516.74-5 241.55-7 360.66
Solvency
Equity ratio13.5 %8.0 %32.2 %20.5 %8.5 %
Gearing524.2 %811.8 %94.4 %288.9 %926.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.40.40.5
Current ratio1.11.11.51.21.1
Cash and cash equivalents146.58447.71387.04205.5951.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-50.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.47%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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