Green Energy Scandinavia A/S — Credit Rating and Financial Key Figures

CVR number: 38660357
Niels Bohrs Vej 2, 7100 Vejle
preben.christensen@ge-scan.com
tel: 93394223
www.ge-scan.com

Company information

Official name
Green Energy Scandinavia A/S
Personnel
39 persons
Established
2017
Company form
Limited company
Industry

About Green Energy Scandinavia A/S

Green Energy Scandinavia A/S (CVR number: 38660357) is a company from VEJLE. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 3163.6 kDKK, while net earnings were 1667.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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 Energy Scandinavia A/S's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit55.24- 660.131 198.2912 055.1423 381.89
EBIT- 470.22-1 857.30-3 057.752 096.883 163.64
Net earnings- 532.03-1 259.99-2 596.191 342.861 667.43
Shareholders equity total-1 218.432 289.283 534.5616 364.0139 992.98
Balance sheet total (assets)981.853 874.5110 404.3431 270.0867 205.07
Net debt1 958.95399.554 296.375 524.3521 025.62
Profitability
EBIT-%
ROA-26.7 %-61.1 %-42.8 %14.4 %6.6 %
ROE-65.6 %-77.0 %-89.2 %13.5 %5.9 %
ROI-30.6 %-74.0 %-52.2 %16.7 %7.4 %
Economic value added (EVA)- 433.37-1 126.49-2 483.921 234.741 701.03
Solvency
Equity ratio-55.4 %59.1 %34.0 %52.3 %59.5 %
Gearing-160.8 %33.6 %144.8 %67.3 %53.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.92.01.52.3
Current ratio0.42.55.52.92.8
Cash and cash equivalents0.35369.53820.215 489.97368.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:6.64%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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