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 2.2 mDKK in 2024, demonstrating a decline of -16.9 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 0.2 mDKK), while net earnings were 104.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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 SEED NORDIC ApS's liquidity measured by quick ratio was 3.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 042.92 | 3 393.50 | 3 199.34 | 2 630.82 | 2 187.49 |
Gross profit | 3 373.19 | 2 843.15 | 2 316.40 | 1 869.56 | 1 438.53 |
EBIT | 317.93 | 255.80 | 323.17 | 174.63 | 210.10 |
Net earnings | 180.14 | 150.50 | 187.45 | 88.10 | 104.89 |
Shareholders equity total | 4 791.20 | 2 941.69 | 3 129.14 | 3 217.25 | 3 322.13 |
Balance sheet total (assets) | 7 784.91 | 5 080.67 | 5 159.65 | 7 205.72 | 4 802.07 |
Net debt | -2 319.44 | -1 925.12 | -2 122.63 | -3 112.93 | -2 877.89 |
Profitability | |||||
EBIT-% | 7.9 % | 7.5 % | 10.1 % | 6.6 % | 9.6 % |
ROA | 3.7 % | 4.0 % | 6.3 % | 2.8 % | 3.5 % |
ROE | 3.6 % | 3.9 % | 6.2 % | 2.8 % | 3.2 % |
ROI | 5.1 % | 5.8 % | 10.6 % | 5.5 % | 6.4 % |
Economic value added (EVA) | -86.16 | -97.86 | 108.38 | -23.22 | 1.70 |
Solvency | |||||
Equity ratio | 61.5 % | 57.9 % | 60.6 % | 44.6 % | 69.2 % |
Gearing | 22.0 % | ||||
Relative net indebtedness % | -9.4 % | 6.3 % | -2.9 % | 33.3 % | -63.9 % |
Liquidity | |||||
Quick ratio | 2.4 | 2.4 | 2.5 | 1.8 | 3.2 |
Current ratio | 2.6 | 2.4 | 2.5 | 1.8 | 3.2 |
Cash and cash equivalents | 3 374.44 | 1 925.12 | 2 122.63 | 3 112.93 | 2 877.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 156.4 | 226.2 | 225.0 | 431.7 | 157.4 |
Net working capital % | 118.5 % | 86.7 % | 97.8 % | 122.3 % | 151.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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