GREEN SQUARE ART ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREEN SQUARE ART ApS
GREEN SQUARE ART ApS (CVR number: 76182515) is a company from KØBENHAVN. The company recorded a gross profit of 44.7 mDKK in 2023. The operating profit was -52.7 mDKK, while net earnings were -82.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GREEN SQUARE ART 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 | 94 259.94 | 118 972.91 | 34 955.94 | 49 000.31 | 44 655.52 |
EBIT | 182 367.78 | 208 637.63 | 266 955.94 | 27 538.77 | -52 709.56 |
Net earnings | 73 125.01 | 88 006.03 | 203 733.52 | 4 446.46 | -82 890.22 |
Shareholders equity total | 356 356.50 | 344 362.53 | 488 096.05 | 35 272.48 | -56 996.94 |
Balance sheet total (assets) | 1 114 279.29 | 1 298 315.15 | 1 486 724.91 | 1 468 741.36 | 1 347 245.86 |
Net debt | 606 181.75 | 724 754.98 | 749 508.40 | 1 202 646.53 | 1 214 840.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.7 % | 17.3 % | 19.2 % | 3.2 % | -3.7 % |
ROE | 22.9 % | 25.1 % | 48.9 % | 1.7 % | -12.0 % |
ROI | 19.5 % | 17.7 % | 19.6 % | 3.3 % | -3.8 % |
Economic value added (EVA) | 129 202.65 | 130 536.37 | 154 889.23 | -39 750.15 | -93 632.77 |
Solvency | |||||
Equity ratio | 32.1 % | 26.6 % | 32.9 % | 2.4 % | -4.1 % |
Gearing | 176.3 % | 230.9 % | 160.8 % | 3453.4 % | -2139.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 2.2 | 0.9 | 1.1 | 0.6 |
Current ratio | 0.1 | 1.9 | 0.8 | 1.0 | 0.5 |
Cash and cash equivalents | 21 982.43 | 70 290.93 | 35 228.54 | 15 461.82 | 4 795.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | AA | A |
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