VATTENFALL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VATTENFALL A/S
VATTENFALL A/S (CVR number: 21311332) is a company from KOLDING. The company reported a net sales of 2570.7 mDKK in 2023, demonstrating a decline of -47.9 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 85.6 mDKK), while net earnings were 71.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. VATTENFALL A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 347.31 | 450.13 | 1 968.80 | 4 933.17 | 2 570.69 |
Gross profit | 347.31 | 450.13 | 1 968.80 | 15.39 | 138.66 |
EBIT | 6.86 | 7.30 | -17.70 | -31.82 | 85.59 |
Net earnings | 8.53 | 10.49 | -11.73 | -23.30 | 71.06 |
Shareholders equity total | 75.81 | 86.30 | 74.57 | 155.50 | 226.56 |
Balance sheet total (assets) | 259.07 | 328.57 | 1 140.83 | 1 482.49 | 829.78 |
Net debt | 1 193.34 | 511.89 | |||
Profitability | |||||
EBIT-% | 2.0 % | 1.6 % | -0.9 % | -0.6 % | 3.3 % |
ROA | 3.4 % | 2.5 % | -2.4 % | -2.2 % | 8.1 % |
ROE | 11.2 % | 12.9 % | -14.6 % | -20.3 % | 37.2 % |
ROI | 3.4 % | 2.5 % | -2.4 % | -2.3 % | 8.9 % |
Economic value added (EVA) | 3.04 | 3.49 | -22.04 | -28.89 | 58.06 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 10.5 % | 27.3 % |
Gearing | 767.4 % | 225.9 % | |||
Relative net indebtedness % | 26.9 % | 23.5 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | |||
Current ratio | 1.1 | 1.4 | |||
Cash and cash equivalents | 0.03 | 0.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.9 | 57.6 | |||
Net working capital % | 73.5 % | 72.1 % | 57.7 % | 3.0 % | 8.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | A |
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