DIN Forsyning Vand A/S — Credit Rating and Financial Key Figures

CVR number: 32660991
Ulvsundvej 1, 6715 Esbjerg N
post@dinforsyning.dk
tel: 74747474
www.dinforsyning.dk

Credit rating

Company information

Official name
DIN Forsyning Vand A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales79.9284.7785.4881.4090.14
Gross profit24.0725.0221.2512.1320.95
EBIT12.8216.8813.281.0510.51
Net earnings11.3215.9512.790.3111.01
Shareholders equity total957.70973.43986.22986.53997.53
Balance sheet total (assets)1 048.641 063.651 074.671 071.151 086.77
Net debt74.9871.9870.2867.0662.69
Profitability
EBIT-%16.0 %19.9 %15.5 %1.3 %11.7 %
ROA1.2 %1.6 %1.3 %0.1 %1.1 %
ROE1.2 %1.7 %1.3 %0.0 %1.1 %
ROI1.3 %1.6 %1.3 %0.1 %1.1 %
Economic value added (EVA)-36.12-34.66-38.87-51.87-41.93
Solvency
Equity ratio91.3 %91.5 %91.8 %92.1 %91.8 %
Gearing7.8 %7.4 %7.1 %6.8 %6.3 %
Relative net indebtedness %113.4 %105.8 %102.9 %103.3 %99.0 %
Liquidity
Quick ratio2.32.62.72.21.3
Current ratio2.42.72.82.51.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)31.937.937.217.719.0
Net working capital %39.0 %50.6 %58.4 %48.5 %17.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:1.12%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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