Green Cotton Group A/S — Credit Rating and Financial Key Figures

CVR number: 15694505
Thrigesvej 5, 7430 Ikast
info@novotex.dk
tel: 70702509

Company information

Official name
Green Cotton Group A/S
Personnel
27 persons
Established
1991
Company form
Limited company
Industry

About Green Cotton Group A/S

Green Cotton Group A/S (CVR number: 15694505) is a company from IKAST-BRANDE. The company recorded a gross profit of 27.9 mDKK in 2024. The operating profit was 8261.7 kDKK, while net earnings were 2943.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. Green Cotton Group A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit28 587.223 551.02-5 042.0221 908.1127 908.57
EBIT19 299.09-3 858.27-12 000.302 573.738 261.75
Net earnings14 383.9211 617.091 092.09-1 111.772 943.68
Shareholders equity total25 214.3435 129.7627 233.6824 516.9325 590.55
Balance sheet total (assets)67 443.7895 118.0698 322.9778 932.5887 764.74
Net debt23 104.9637 970.1549 358.2831 425.6337 226.93
Profitability
EBIT-%
ROA31.3 %15.6 %2.1 %2.3 %7.8 %
ROE76.2 %38.5 %3.5 %-4.3 %11.7 %
ROI45.8 %20.8 %2.7 %3.1 %10.7 %
Economic value added (EVA)13 130.74-5 450.35-13 073.09-1 963.034 772.67
Solvency
Equity ratio40.9 %36.9 %27.7 %31.1 %29.2 %
Gearing92.0 %108.4 %181.7 %129.0 %146.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.30.30.3
Current ratio1.40.90.71.01.1
Cash and cash equivalents92.14126.01137.72204.83259.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:7.79%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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