GREENMNasdaq CopenhagenRental & Leasing ServicesIFRS · DKK

GreenMobility A/S

GreenMobility A/S is a Danish car-sharing company that operates an electric vehicle fleet for short-term urban mobility. Its business centers on digital vehicle access, fleet operation, and city-based mobility services in markets where shared, on-demand transport is practical.

Revenue154m DKK
+18.8 %y/y
Operating profit (EBIT)26.2m DKK
+119.5 %y/y
EBIT margin17.0%
+7.8 ppy/y
Net income33.2m DKK
+291.4 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-100-50050100150200m DKK2020: 35 m DKK2020: EBIT -57 m DKK20202021: 62 m DKK2021: EBIT -49 m DKK20212022: 97 m DKK2022: EBIT -70 m DKK20222023: 95 m DKK2023: EBIT -40 m DKK20232024: 130 m DKK2024: EBIT 12 m DKK20242025: 154 m DKK2025: EBIT 26 m DKK202515426
RevenueOperating profit (EBIT)

Business

Share of revenue
Car sharing85 %

On-demand access to shared electric cars for short urban trips.

Membership and usage fees15 %

Recurring customer fees and trip-based charges tied to platform use.

Customers

GreenMobility primarily serves urban consumers and business users who need flexible access to a car without owning one. Customers typically use the service for city travel, errands, commuting, and short-term mobility needs where parking, convenience, and low commitment matter. Corporate users buy the service for employee travel and flexible mobility access in dense urban areas.

Urban consumers

Individuals in dense cities who buy short-term car access for errands, leisure, and commuting.

Business customers

Companies that use shared cars for employee mobility and local business trips.

Occasional mobility users

Customers who only need a car periodically and prefer pay-as-you-go access.

Strategy

GreenMobility’s strategy is centered on building utilization of an electric shared-car fleet in selected urban markets. The model depends on dense operating areas, efficient fleet placement, and a digital customer experience that keeps vehicles in active use.

Increase vehicle utilizationShort term

Car-sharing economics depend on keeping the fleet rented and generating trips frequently.

Expand in urban marketsMedium term

City density improves trip frequency and supports shared mobility adoption.

Maintain an electric fleet focusMedium term

Electric vehicles align the brand and operating model with low-emission urban transport.

Geography

GreenMobility is based in Denmark and its business is shaped by urban density, regulation, and charging infrastructure in the cities where it operates. The company’s operating footprint is concentrated in Northern European metropolitan markets, where car-sharing adoption and sustainability policies support electric fleets.

Risks

GreenMobility faces the usual car-sharing risks of variable utilization, fleet downtime, and dependence on city-specific demand and regulation. Because the business is asset-intensive and local, changes in parking access, charging availability, insurance costs, or competitive intensity can quickly affect operating performance.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Low fleet utilization1Regulatory restrictions2Fleet and charging costs3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Low fleet utilizationImpact: HighLikelihood: High

    Shared mobility revenue depends on cars being booked frequently enough to cover fleet and operating costs.

    Exposure: Urban demand volatility and competition

  2. Regulatory restrictionsImpact: HighLikelihood: Medium

    Car-sharing services depend on municipal rules for parking, curb access, and operating permits.

    Exposure: City-level operations

  3. Fleet and charging costsImpact: MediumLikelihood: High

    Electric fleets require charging, maintenance, replacement planning, and insurance coverage.

    Exposure: Electric vehicle fleet operations

Accounting

Judgemental items
IFRS 16 leases

Vehicle and facility lease obligations can significantly affect reported assets and liabilities.

Impact: Affects leverage, EBITDA-style metrics, and operating expense classification

Depreciation of fleet assets

The electric vehicle fleet loses value with age, mileage, and market prices.

Impact: Affects operating profit and asset carrying values

Provisions and claims

Car-sharing operators face repair, damage, and liability claims that may require estimates.

Impact: Affects expense recognition and balance sheet reserves

Publicly listed companies with a comparable business focus.

Last updated: 24/10/2026

GreenMobility A/S (GREENM) Revenue, Earnings & Financials 2025 – Clarifo