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

CVR number: 36718463
Alsvej 21, 8940 Randers SV

Credit rating

Company information

Official name
Makeen Energy A/S
Personnel
54 persons
Established
2015
Company form
Limited company
Industry

About Makeen Energy A/S

Makeen Energy A/S (CVR number: 36718463K) is a company from RANDERS. The company reported a net sales of 1878.8 mDKK in 2024, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was poor at -8.8 % (EBIT: -164.9 mDKK), while net earnings were -211.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -73.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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. Makeen Energy A/S's liquidity measured by quick ratio was 0.9 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 262.401 447.241 752.671 882.071 878.82
Gross profit286.50233.00251.57295.56195.40
EBIT49.10-21.18-63.9228.49- 164.86
Net earnings-36.36-75.08-21.57- 211.76
Shareholders equity total191.30132.46270.63321.09
Balance sheet total (assets)1 152.601 266.861 381.631 323.061 311.67
Net debt382.50537.60355.20207.98
Profitability
EBIT-%3.9 %-1.5 %-3.6 %1.5 %-8.8 %
ROA4.7 %-0.8 %-3.6 %3.1 %-11.1 %
ROE-39.0 %-47.9 %-11.0 %-73.3 %
ROI4.7 %-0.9 %-5.6 %4.9 %-18.4 %
Economic value added (EVA)49.10-24.19- 103.64-15.80- 218.56
Solvency
Equity ratio16.5 %10.4 %22.4 %27.2 %
Gearing277.5 %484.0 %163.6 %107.7 %
Relative net indebtedness %56.4 %60.2 %45.7 %39.8 %
Liquidity
Quick ratio1.31.00.80.9
Current ratio1.41.21.11.1
Cash and cash equivalents148.36103.5587.53137.70
Capital use efficiency
Trade debtors turnover (days)59.948.043.246.2
Net working capital %14.1 %7.5 %4.3 %5.5 %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-11.1%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer

Companies in the same industry

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