GREEN SEED NORDIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN SEED NORDIC ApS
GREEN SEED NORDIC ApS (CVR number: 26397073) is a company from GREVE. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a decline of -17.8 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 0.2 mDKK), while net earnings were 88.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. GREEN SEED NORDIC ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 777.54 | 4 042.92 | 3 393.50 | 3 199.34 | 2 630.82 |
Gross profit | 2 895.98 | 3 373.19 | 2 843.15 | 2 316.40 | 1 869.56 |
EBIT | 579.49 | 317.93 | 255.80 | 323.17 | 174.63 |
Net earnings | 453.55 | 180.14 | 150.50 | 187.45 | 88.10 |
Shareholders equity total | 5 341.06 | 4 791.20 | 2 941.69 | 3 129.14 | 3 217.25 |
Balance sheet total (assets) | 9 286.95 | 7 784.91 | 5 080.67 | 5 159.65 | 7 205.72 |
Net debt | -2 432.40 | -2 319.44 | -1 925.12 | -2 122.63 | -3 112.93 |
Profitability | |||||
EBIT-% | 15.3 % | 7.9 % | 7.5 % | 10.1 % | 6.6 % |
ROA | 7.4 % | 3.7 % | 4.0 % | 6.3 % | 2.8 % |
ROE | 8.9 % | 3.6 % | 3.9 % | 6.2 % | 2.8 % |
ROI | 11.0 % | 5.1 % | 5.8 % | 10.6 % | 5.5 % |
Economic value added (EVA) | 331.30 | 156.67 | 124.72 | 205.12 | 83.44 |
Solvency | |||||
Equity ratio | 57.5 % | 61.5 % | 57.9 % | 60.6 % | 44.6 % |
Gearing | 22.5 % | 22.0 % | |||
Relative net indebtedness % | 8.3 % | -9.4 % | 6.3 % | -2.9 % | 33.3 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.4 | 2.4 | 2.5 | 1.8 |
Current ratio | 2.4 | 2.6 | 2.4 | 2.5 | 1.8 |
Cash and cash equivalents | 3 632.40 | 3 374.44 | 1 925.12 | 2 122.63 | 3 112.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 320.0 | 156.4 | 226.2 | 225.0 | 431.7 |
Net working capital % | 141.4 % | 118.5 % | 86.7 % | 97.8 % | 122.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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