Grøn Elforsyning A/S — Credit Rating and Financial Key Figures

Grøn Elforsyning A/S (CVR number: 42133434) is a company from FREDERICIA. The company recorded a gross profit of 1901.2 kDKK in 2023. The operating profit was 265.2 kDKK, while net earnings were 224.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Grøn Elforsyning A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.