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 recorded a gross profit of 74 mDKK in 2023. The operating profit was 5499.4 kDKK, while net earnings were -5276.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. GREENGO ENERGY GROUP A/S's liquidity measured by quick ratio was 11 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27 693.00 | 48 672.00 | 65 171.00 | 106 859.83 | 73 982.07 |
EBIT | 2 097.00 | 7 792.00 | 32 472.00 | 69 309.73 | 5 499.36 |
Net earnings | - 375.00 | 1 959.00 | 20 624.00 | 45 933.22 | -5 276.27 |
Shareholders equity total | 79 184.00 | 78 265.00 | 105 058.00 | 153 260.99 | 148 646.83 |
Balance sheet total (assets) | 132 857.00 | 161 114.00 | 209 545.00 | 360 883.60 | 366 198.94 |
Net debt | 17 946.19 | 91 623.47 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 5.3 % | 17.5 % | 24.3 % | 1.6 % |
ROE | -0.5 % | 2.5 % | 22.5 % | 35.6 % | -3.5 % |
ROI | 1.9 % | 5.3 % | 17.5 % | 28.0 % | 1.9 % |
Economic value added (EVA) | - 710.70 | 3 813.00 | 28 539.18 | 46 550.65 | -2 639.58 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.3 % | 51.6 % |
Gearing | 60.5 % | 65.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.7 | 11.0 | |||
Current ratio | 10.9 | 12.5 | |||
Cash and cash equivalents | 74 728.11 | 5 686.83 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | A |
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