GREEN POWER PARTNERS II K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN POWER PARTNERS II K/S
GREEN POWER PARTNERS II K/S (CVR number: 34877912K) is a company from KØBENHAVN. The company reported a net sales of 14.8 mEUR in 2019, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 35.7 % (EBIT: 5.3 mEUR), while net earnings were 8623.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GREEN POWER PARTNERS II K/S's liquidity measured by quick ratio was 3.9 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 884.51 | 10 679.88 | 12 055.44 | 15 108.53 | 14 828.07 |
Gross profit | 5 634.31 | 5 888.41 | 6 798.24 | 10 682.04 | 10 420.22 |
EBIT | -3 479.76 | 5 888.41 | 2 640.50 | 5 443.87 | 5 293.91 |
Net earnings | 2 000.86 | -4 787.54 | 17.72 | 6 283.26 | 8 623.36 |
Shareholders equity total | 104 297.44 | 97 300.80 | 106 344.13 | 103 453.27 | 118 837.03 |
Balance sheet total (assets) | 118 489.89 | 108 590.41 | 130 117.43 | 123 768.51 | 137 586.76 |
Net debt | 7 192.88 | 5 631.91 | 14 495.97 | 10 447.85 | 4 276.64 |
Profitability | |||||
EBIT-% | -39.2 % | 55.1 % | 21.9 % | 36.0 % | 35.7 % |
ROA | 2.2 % | 5.7 % | 2.2 % | 6.1 % | 7.3 % |
ROE | 2.1 % | -4.8 % | 0.0 % | 6.0 % | 7.8 % |
ROI | 2.2 % | 5.8 % | 2.2 % | 6.2 % | 7.4 % |
Economic value added (EVA) | -8 317.55 | 72.29 | -2 755.80 | - 999.17 | - 869.99 |
Solvency | |||||
Equity ratio | 88.0 % | 89.6 % | 81.7 % | 83.6 % | 86.4 % |
Gearing | 11.0 % | 10.4 % | 19.6 % | 17.6 % | 13.1 % |
Relative net indebtedness % | 111.9 % | 64.0 % | 136.0 % | 76.5 % | 39.3 % |
Liquidity | |||||
Quick ratio | 2.7 | 2.9 | 3.9 | 3.1 | 3.9 |
Current ratio | 2.7 | 3.0 | 4.0 | 3.2 | 4.0 |
Cash and cash equivalents | 4 253.33 | 4 456.34 | 6 379.60 | 7 763.47 | 11 324.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.5 | 22.1 | 66.2 | 56.4 | 58.5 |
Net working capital % | 80.0 % | 47.9 % | 90.8 % | 53.8 % | 82.6 % |
Credit risk | |||||
Credit rating | AA | A | AA | AAA | AAA |
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