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Green Elevation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Green Elevation ApS
Green Elevation ApS (CVR number: 42161926) is a company from HERNING. The company recorded a gross profit of 0.7 kDKK in 2024. The operating profit was 0.7 kDKK, while net earnings were -0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Green Elevation ApS's liquidity measured by quick ratio was 2.8 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 5.47 | 5.15 | 0.50 | 0.73 |
| EBIT | 5.47 | 5.15 | 0.50 | 0.73 |
| Net earnings | 0.26 | 3.95 | 0.14 | -0.84 |
| Shareholders equity total | 40.26 | 44.21 | 44.35 | 43.51 |
| Balance sheet total (assets) | 47.16 | 53.77 | 56.43 | 68.30 |
| Net debt | -47.16 | -53.77 | -38.70 | -0.39 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 11.6 % | 10.2 % | 1.0 % | 1.2 % |
| ROE | 0.6 % | 9.4 % | 0.3 % | -1.9 % |
| ROI | 13.6 % | 12.2 % | 1.2 % | 1.7 % |
| Economic value added (EVA) | 5.47 | 2.01 | -1.73 | -1.62 |
| Solvency | ||||
| Equity ratio | 85.4 % | 82.2 % | 78.6 % | 63.7 % |
| Gearing | 5.8 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 6.8 | 5.6 | 4.7 | 2.8 |
| Current ratio | 6.8 | 5.6 | 4.7 | 2.8 |
| Cash and cash equivalents | 47.16 | 53.77 | 41.26 | 0.39 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | BB |
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