GREEN SEED NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 26397073
Korskildelund 6, 2670 Greve
jtrue@greenseedgroup.dk
tel: 35833573

Credit rating

Company information

Official name
GREEN SEED NORDIC ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 777.544 042.923 393.503 199.342 630.82
Gross profit2 895.983 373.192 843.152 316.401 869.56
EBIT579.49317.93255.80323.17174.63
Net earnings453.55180.14150.50187.4588.10
Shareholders equity total5 341.064 791.202 941.693 129.143 217.25
Balance sheet total (assets)9 286.957 784.915 080.675 159.657 205.72
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 %
ROA7.4 %3.7 %4.0 %6.3 %2.8 %
ROE8.9 %3.6 %3.9 %6.2 %2.8 %
ROI11.0 %5.1 %5.8 %10.6 %5.5 %
Economic value added (EVA)331.30156.67124.72205.1283.44
Solvency
Equity ratio57.5 %61.5 %57.9 %60.6 %44.6 %
Gearing22.5 %22.0 %
Relative net indebtedness %8.3 %-9.4 %6.3 %-2.9 %33.3 %
Liquidity
Quick ratio2.32.42.42.51.8
Current ratio2.42.62.42.51.8
Cash and cash equivalents3 632.403 374.441 925.122 122.633 112.93
Capital use efficiency
Trade debtors turnover (days)320.0156.4226.2225.0431.7
Net working capital %141.4 %118.5 %86.7 %97.8 %122.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.82%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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