ENERGI FYN HOLDING A/S
Credit rating
Company information
About ENERGI FYN HOLDING A/S
ENERGI FYN HOLDING A/S (CVR number: 27471870) is a company from ODENSE. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was poor at -1781.9 % (EBIT: -55.6 mDKK), while net earnings were 150.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ENERGI FYN HOLDING A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 000.00 | 2 900.00 | 3 500.00 | 3 522.00 | 3 121.00 |
Gross profit | 3 000.00 | 2 900.00 | 3 500.00 | -24 447.00 | -30 803.00 |
EBIT | -38 600.00 | -55 000.00 | -39 600.00 | -48 087.00 | -55 612.00 |
Net earnings | 154 000.00 | 96 800.00 | 87 400.00 | 139 231.00 | 150 529.00 |
Shareholders equity total | 2 448 900.00 | 2 550 300.00 | 2 895 600.00 | 3 056 027.00 | 2 906 991.00 |
Balance sheet total (assets) | 3 101 600.00 | 3 169 500.00 | 3 806 400.00 | 3 917 050.00 | 3 901 351.00 |
Net debt | 643 913.00 | 696 105.00 | |||
Profitability | |||||
EBIT-% | -1286.7 % | -1896.6 % | -1131.4 % | -1365.3 % | -1781.9 % |
ROA | -1.4 % | -1.8 % | -1.1 % | 4.2 % | 4.7 % |
ROE | 6.4 % | 3.9 % | 3.2 % | 4.7 % | 5.0 % |
ROI | -1.5 % | -2.1 % | -1.4 % | 4.8 % | 4.8 % |
Economic value added (EVA) | -46 045.94 | - 181 627.08 | - 169 404.54 | - 182 515.94 | -34 045.80 |
Solvency | |||||
Equity ratio | 39.5 % | 40.2 % | 38.0 % | 78.0 % | 74.5 % |
Gearing | 27.3 % | 31.0 % | |||
Relative net indebtedness % | 21756.7 % | 21351.7 % | 26025.7 % | 19019.0 % | 25272.6 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 1.1 | 1.1 | 1.0 |
Current ratio | 2.0 | 2.0 | 1.1 | 1.1 | 1.0 |
Cash and cash equivalents | 191 173.00 | 205 602.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.4 | 9.0 | |||
Net working capital % | 19010.0 % | 18400.0 % | 2697.1 % | -4072.7 % | -5962.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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