DIN Forsyning Vand A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DIN Forsyning Vand A/S
DIN Forsyning Vand A/S (CVR number: 32660991) is a company from ESBJERG. The company reported a net sales of 90.1 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 11.7 % (EBIT: 10.5 mDKK), while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DIN Forsyning Vand A/S's liquidity measured by quick ratio was 1.3 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 | 79.92 | 84.77 | 85.48 | 81.40 | 90.14 |
Gross profit | 24.07 | 25.02 | 21.25 | 12.13 | 20.95 |
EBIT | 12.82 | 16.88 | 13.28 | 1.05 | 10.51 |
Net earnings | 11.32 | 15.95 | 12.79 | 0.31 | 11.01 |
Shareholders equity total | 957.70 | 973.43 | 986.22 | 986.53 | 997.53 |
Balance sheet total (assets) | 1 048.64 | 1 063.65 | 1 074.67 | 1 071.15 | 1 086.77 |
Net debt | 74.98 | 71.98 | 70.28 | 67.06 | 62.69 |
Profitability | |||||
EBIT-% | 16.0 % | 19.9 % | 15.5 % | 1.3 % | 11.7 % |
ROA | 1.2 % | 1.6 % | 1.3 % | 0.1 % | 1.1 % |
ROE | 1.2 % | 1.7 % | 1.3 % | 0.0 % | 1.1 % |
ROI | 1.3 % | 1.6 % | 1.3 % | 0.1 % | 1.1 % |
Economic value added (EVA) | -36.12 | -34.66 | -38.87 | -51.87 | -41.93 |
Solvency | |||||
Equity ratio | 91.3 % | 91.5 % | 91.8 % | 92.1 % | 91.8 % |
Gearing | 7.8 % | 7.4 % | 7.1 % | 6.8 % | 6.3 % |
Relative net indebtedness % | 113.4 % | 105.8 % | 102.9 % | 103.3 % | 99.0 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.6 | 2.7 | 2.2 | 1.3 |
Current ratio | 2.4 | 2.7 | 2.8 | 2.5 | 1.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.9 | 37.9 | 37.2 | 17.7 | 19.0 |
Net working capital % | 39.0 % | 50.6 % | 58.4 % | 48.5 % | 17.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AAA |
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