Greenetic Energy ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Greenetic Energy ApS
Greenetic Energy ApS (CVR number: 34052972) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -240.9 kDKK in 2023. The operating profit was -925.3 kDKK, while net earnings were 1232.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -67.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Greenetic Energy ApS's liquidity measured by quick ratio was 2.7 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 | -1 119.00 | 40.69 | 171.77 | 406.26 | - 240.86 |
| EBIT | -1 627.00 | -48.52 | - 782.29 | -1 498.76 | - 925.34 |
| Net earnings | -3 008.00 | - 555.40 | -1 395.13 | -2 036.34 | 1 232.71 |
| Shareholders equity total | -6 075.00 | -6 630.85 | -8 025.97 | -10 062.31 | -7 829.60 |
| Balance sheet total (assets) | 6 220.00 | 5 998.49 | 5 152.25 | 3 813.34 | 3 716.30 |
| Net debt | 6 659.00 | 6 813.72 | 7 204.84 | 498.97 | 228.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -12.4 % | -0.3 % | -5.9 % | -10.6 % | 10.9 % |
| ROE | -39.6 % | -9.1 % | -25.0 % | -45.4 % | 32.7 % |
| ROI | -15.2 % | -0.3 % | -6.6 % | -22.7 % | 353.2 % |
| Economic value added (EVA) | -1 000.45 | 261.82 | - 437.19 | - 999.29 | - 419.42 |
| Solvency | |||||
| Equity ratio | -48.3 % | -51.5 % | -60.9 % | -72.5 % | -67.8 % |
| Gearing | -111.3 % | -103.1 % | -89.9 % | -5.0 % | -3.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.6 | 1.4 | 2.7 | 2.7 |
| Current ratio | 1.3 | 1.6 | 1.4 | 2.7 | 2.7 |
| Cash and cash equivalents | 101.00 | 19.74 | 9.89 | 5.73 | 47.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BBB | BB | B | BB |
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