GREEN AGRO INNOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN AGRO INNOVATION ApS
GREEN AGRO INNOVATION ApS (CVR number: 34472319) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 81.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GREEN AGRO INNOVATION ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.25 | -6.63 | -6.63 | -6.75 | -7.50 |
EBIT | -7.25 | -6.63 | -6.63 | -6.75 | -7.50 |
Net earnings | -1 621.61 | 131.42 | 264.99 | 164.84 | 81.84 |
Shareholders equity total | 880.89 | 56.31 | 321.30 | 486.14 | 567.98 |
Balance sheet total (assets) | 1 804.13 | 1 010.92 | 1 276.18 | 1 469.81 | 1 590.91 |
Net debt | 719.26 | 42.57 | 56.05 | 93.06 | 115.56 |
Profitability | |||||
EBIT-% | |||||
ROA | -98.0 % | 10.8 % | 24.0 % | 12.8 % | 5.9 % |
ROE | -157.5 % | 28.0 % | 140.3 % | 40.8 % | 15.5 % |
ROI | -94.8 % | 11.1 % | 25.0 % | 19.4 % | 14.4 % |
Economic value added (EVA) | 81.80 | 85.44 | 14.90 | 27.96 | 38.76 |
Solvency | |||||
Equity ratio | 48.8 % | 5.6 % | 25.2 % | 33.1 % | 35.7 % |
Gearing | 81.7 % | 76.0 % | 17.5 % | 19.2 % | 20.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.7 | 0.5 | 0.6 | 0.6 |
Current ratio | 0.1 | 0.7 | 0.5 | 0.6 | 0.6 |
Cash and cash equivalents | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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