GREENGATE EUROPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 32 400.50 | 21 200.18 | 30 464.33 | 16 079.75 | 12 159.24 |
EBIT | 9 342.27 | 6 978.73 | 10 817.30 | -2 656.52 | -4 064.43 |
Net earnings | 8 710.71 | 5 037.10 | 11 821.59 | -2 830.52 | -3 017.63 |
Shareholders equity total | 23 710.71 | 20 037.10 | 26 821.59 | 12 169.48 | 9 151.85 |
Balance sheet total (assets) | 40 935.52 | 35 706.41 | 42 233.86 | 29 855.92 | 25 878.88 |
Net debt | -8 121.80 | -8 620.56 | -1 582.76 | 5 519.69 | 7 300.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.8 % | 19.9 % | 40.0 % | -5.0 % | -10.7 % |
ROE | 34.9 % | 23.0 % | 50.5 % | -14.5 % | -28.3 % |
ROI | 42.3 % | 31.2 % | 64.7 % | -7.3 % | -15.2 % |
Economic value added (EVA) | 6 625.88 | 4 886.68 | 7 836.02 | -3 325.59 | -3 640.87 |
Solvency | |||||
Equity ratio | 58.2 % | 58.5 % | 65.1 % | 41.1 % | 37.6 % |
Gearing | 20.0 % | 0.0 % | 2.9 % | 71.8 % | 91.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.7 | 0.5 | 0.5 |
Current ratio | 2.2 | 2.5 | 3.7 | 1.7 | 1.6 |
Cash and cash equivalents | 12 870.17 | 8 625.71 | 2 370.50 | 3 211.94 | 1 099.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AA | AA | A | BBB |
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