Goodtech Environment AB

Q: What is the Org number of Goodtech Environment AB?

Goodtech Environment AB is registered with Brønnøysundsregistrene under Org 995897660.

Q: Where is Goodtech Environment AB headquartered?

Goodtech Environment AB's registered address is Gamla Godbyvägen 2.

NUFDissolved

Org 995897660Gamla Godbyvägen 2, 22100 Mariehamn ÅlandEngineering activities and related technical consultancy· NACE 7112Est. 2010 · 16 years old0 employees

Overview

Goodtech Environment AB is a Norwegian NUF based in 22100 Mariehamn Åland, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2010, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.

Revenue 2017

0M NOK

EBITDA margin

—

Net profit 2017

-8M NOK

+22% vs 2016

Key ratios

See full ratios →

-6.5 %

Very weak

Among the 20% lowest rated companies in the industry

20162017

0.9×

Weak

Among the 30% lowest rated companies in the industry

20162017

-2.1 %

Weak

Among the 40% lowest rated companies in the industry

20162017

EBITDA — year on year

NOK millions

Key figures

Annual report 2017

Revenue	0M NOK	—
EBITDA	-8M NOK	+22%
Net profit	-8M NOK	+22%
Total assets	376.9M NOK	+69%
Equity	-24.5M NOK	-49%
Employees	0	—

Financial development

In its most recent annual report (2017), Goodtech Environment AB reported revenue of NOK 0, a decrease of 100% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net loss of NOK 8.0m.

At the end of 2017, current assets covered short-term debt 0.9 times.

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2017	2016
Revenue	0	52,413
Staff expenses	-19	-3,703
EBITDA	-8,035	-10,290
Depreciation & amort.	-0	-0
EBIT	-8,035	-10,290
Net financials	0	0
Profit before tax	-8,035	-10,290
Tax	-0	-0
Net profit	-8,035	-10,290

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Balance sheet

NOK thousands

Item	2017	2016
Total assets	376,917	222,602
Equity	-24,550	-16,515
Long-term debt	0	0
Short-term debt	401,467	239,117
Total debt	401,467	239,117

Financial ratios

5-year trend

EBITDA margin

<−999 %

20162017

Equity ratio

-6.5 %

Very weak

Among the 20% lowest rated companies in the industry

20162017

Return on equity

—

20162017

Net profit margin

<−999 %

20162017

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20162017

Debt / equity

—

20162017

Sector performance

15 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
RP Rune Plener Contact Person	Contact Person	2014

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Goodtech Environment AB also hold positions in 585 other companies.

Person	Role here	Other companies
Rune Plener	Contact Person	585 companiesMany roles

Frequently asked questions

What is the Org number of Goodtech Environment AB?

Goodtech Environment AB is registered with Brønnøysundsregistrene under Org 995897660.

Where is Goodtech Environment AB headquartered?

Goodtech Environment AB's registered address is Gamla Godbyvägen 2.