GREENGATE EUROPE A/S — Credit Rating and Financial Key Figures

CVR number: 14219102
Strandvejen 781, 2930 Klampenborg

Credit rating

Company information

Official name
GREENGATE EUROPE A/S
Personnel
34 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GREENGATE EUROPE A/S

GREENGATE EUROPE A/S (CVR number: 14219102) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 12.2 mDKK in 2023. The operating profit was -4064.4 kDKK, while net earnings were -3017.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -28.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. GREENGATE EUROPE 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 profit32 400.5021 200.1830 464.3316 079.7512 159.24
EBIT9 342.276 978.7310 817.30-2 656.52-4 064.43
Net earnings8 710.715 037.1011 821.59-2 830.52-3 017.63
Shareholders equity total23 710.7120 037.1026 821.5912 169.489 151.85
Balance sheet total (assets)40 935.5235 706.4142 233.8629 855.9225 878.88
Net debt-8 121.80-8 620.56-1 582.765 519.697 300.88
Profitability
EBIT-%
ROA29.8 %19.9 %40.0 %-5.0 %-10.7 %
ROE34.9 %23.0 %50.5 %-14.5 %-28.3 %
ROI42.3 %31.2 %64.7 %-7.3 %-15.2 %
Economic value added (EVA)6 625.884 886.687 836.02-3 325.59-3 640.87
Solvency
Equity ratio58.2 %58.5 %65.1 %41.1 %37.6 %
Gearing20.0 %0.0 %2.9 %71.8 %91.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.70.50.5
Current ratio2.22.53.71.71.6
Cash and cash equivalents12 870.178 625.712 370.503 211.941 099.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-10.7%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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