Ross Energy A/S — Credit Rating and Financial Key Figures

CVR number: 31177316
Store Kongensgade 81 D, 1264 København K
mail@rossoffshore.dk
tel: 27590999
https://rossenergy.dk/

Credit rating

Company information

Official name
Ross Energy A/S
Personnel
15 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Ross Energy A/S

Ross Energy A/S (CVR number: 31177316) is a company from KØBENHAVN. The company recorded a gross profit of 13 mDKK in 2023. The operating profit was 399.1 kDKK, while net earnings were 288.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. Ross Energy A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 545.8317 512.7711 095.4510 317.2012 961.90
EBIT715.152 620.80895.371 157.38399.08
Net earnings1 193.722 010.61828.21799.98288.09
Shareholders equity total2 085.434 096.034 924.242 724.223 012.31
Balance sheet total (assets)5 236.719 076.248 709.944 801.237 787.90
Net debt317.43-4 852.36-5 366.92141.88- 540.10
Profitability
EBIT-%
ROA17.6 %36.7 %12.3 %17.3 %8.0 %
ROE80.2 %65.1 %18.4 %20.9 %10.0 %
ROI40.0 %69.0 %21.8 %29.5 %16.5 %
Economic value added (EVA)468.111 944.22777.02923.81169.93
Solvency
Equity ratio40.9 %45.1 %56.5 %56.7 %38.7 %
Gearing22.7 %23.3 %1.5 %7.5 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.22.32.21.6
Current ratio1.82.22.32.21.6
Cash and cash equivalents156.525 806.565 438.6361.73611.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.96%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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