Green Hydrogen Systems AS
Green Hydrogen Systems A/S develops and produces electrolysers for hydrogen production based on renewable energy in United Kingdom, Norway, Chile, and Switzerland. The company engages in the installation and sales of electrolysis solutions, as well as provides installed systems services. Its services is used in direct application for decarbonization of industry feedstock and heavy-duty and long r… Read more
Green Hydrogen Systems AS (GREENH) - Total Assets
Latest total assets as of June 2024: Dkr2.21 Billion DKK
Based on the latest financial reports, Green Hydrogen Systems AS (GREENH) holds total assets worth Dkr2.21 Billion DKK as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Green Hydrogen Systems AS - Total Assets Trend (2017–2023)
This chart illustrates how Green Hydrogen Systems AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Green Hydrogen Systems AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Green Hydrogen Systems AS's total assets of Dkr2.21 Billion consist of 33.0% current assets and 67.0% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 6.5% |
| Accounts Receivable | Dkr66.20 Million | 2.8% |
| Inventory | Dkr205.80 Million | 8.7% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr261.54 Million | 11.1% |
| Goodwill | Dkr-120.53 Million | -5.1% |
Asset Composition Trend (2017–2023)
This chart illustrates how Green Hydrogen Systems AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Green Hydrogen Systems AS's current assets represent 33.0% of total assets in 2023, a decrease from 70.9% in 2017.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2023, down from 12.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 11.1% of total assets.
Green Hydrogen Systems AS Competitors by Total Assets
Key competitors of Green Hydrogen Systems AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Green Hydrogen Systems AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Green Hydrogen Systems AS generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Green Hydrogen Systems AS is currently not profitable relative to its asset base.
Green Hydrogen Systems AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.86 | 0.70 | 3.30 |
| Quick Ratio | 0.64 | 0.50 | 3.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr-162.66 Million | Dkr -296.65 Million | Dkr 122.03 Million |
Green Hydrogen Systems AS - Advanced Valuation Insights
This section examines the relationship between Green Hydrogen Systems AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.11 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 52.6% |
| Total Assets | Dkr2.37 Billion |
| Market Capitalization | $9.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Green Hydrogen Systems AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Green Hydrogen Systems AS's assets grew by 52.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Green Hydrogen Systems AS (2017–2023)
The table below shows the annual total assets of Green Hydrogen Systems AS from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Dkr2.37 Billion | +52.65% |
| 2022-12-31 | Dkr1.55 Billion | +19.69% |
| 2021-12-31 | Dkr1.30 Billion | +456.04% |
| 2020-12-31 | Dkr232.90 Million | +469.31% |
| 2019-12-31 | Dkr40.91 Million | +182.25% |
| 2018-12-31 | Dkr14.49 Million | +104.31% |
| 2017-12-31 | Dkr7.09 Million | -- |