GREENGO ENERGY GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GREENGO ENERGY GROUP A/S
GREENGO ENERGY GROUP A/S (CVR number: 36049618K) is a company from RUDERSDAL. The company reported a net sales of 230.6 mDKK in 2024, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 11.2 % (EBIT: 25.8 mDKK), while net earnings were 15.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. GREENGO ENERGY GROUP A/S's liquidity measured by quick ratio was 3.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 73.55 | 120.41 | 202.41 | 209.35 | 230.57 |
Gross profit | 48.67 | 65.17 | 106.86 | 73.52 | 115.08 |
EBIT | 7.79 | 32.47 | 69.31 | 5.50 | 25.84 |
Net earnings | 1.96 | 20.62 | 45.93 | -5.28 | 15.18 |
Shareholders equity total | 78.27 | 105.06 | 153.26 | 148.65 | 167.05 |
Balance sheet total (assets) | 161.11 | 209.55 | 360.88 | 365.17 | 445.75 |
Net debt | 79.55 | 155.68 | |||
Profitability | |||||
EBIT-% | 10.6 % | 27.0 % | 34.2 % | 2.6 % | 11.2 % |
ROA | 5.3 % | 17.5 % | 24.3 % | 1.6 % | 6.4 % |
ROE | 2.5 % | 22.5 % | 35.6 % | -3.5 % | 9.6 % |
ROI | 5.3 % | 17.5 % | 24.3 % | 1.9 % | 8.4 % |
Economic value added (EVA) | 3.81 | 28.54 | 64.03 | -3.80 | 11.97 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 40.7 % | 37.5 % |
Gearing | 57.3 % | 99.1 % | |||
Relative net indebtedness % | 88.8 % | 105.5 % | |||
Liquidity | |||||
Quick ratio | 3.0 | 3.2 | |||
Current ratio | 3.4 | 3.8 | |||
Cash and cash equivalents | 5.69 | 9.90 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.0 | 1.8 | |||
Net working capital % | 122.3 % | 141.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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