Green Cotton Group Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 41809671
Thrigesvej 5, 7430 Ikast

Credit rating

Company information

Official name
Green Cotton Group Denmark A/S
Personnel
7 persons
Established
2020
Company form
Limited company
Industry

About Green Cotton Group Denmark A/S

Green Cotton Group Denmark A/S (CVR number: 41809671) is a company from IKAST-BRANDE. The company recorded a gross profit of 21.1 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 59.6 %, which can be considered excellent and Return on Equity (ROE) was 74.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Green Cotton Group Denmark A/S's liquidity measured by quick ratio was 4.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.0021 165.4020 872.7221 145.12
EBIT-5.0017 295.4716 858.9915 119.24
Net earnings-4.8914 108.8514 219.2913 081.39
Shareholders equity total495.1115 603.9617 823.2517 385.31
Balance sheet total (assets)500.1122 724.4528 739.1128 237.17
Net debt- 498.73- 187.82418.38284.10
Profitability
EBIT-%
ROA-1.0 %156.1 %72.7 %59.6 %
ROE-1.0 %175.3 %85.1 %74.3 %
ROI-1.0 %225.2 %110.5 %94.5 %
Economic value added (EVA)-3.9013 482.3712 373.2110 894.74
Solvency
Equity ratio99.0 %71.2 %62.0 %61.6 %
Gearing0.0 %2.3 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio99.712.04.44.1
Current ratio99.78.44.44.1
Cash and cash equivalents498.73190.981.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:59.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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