Energinet Gastransmission A/S — Credit Rating and Financial Key Figures

CVR number: 39315084
Tonne Kjærsvej 65, Erritsø 7000 Fredericia

Company information

Official name
Energinet Gastransmission A/S
Personnel
131 persons
Established
2018
Domicile
Erritsø
Company form
Limited company
Industry

About Energinet Gastransmission A/S

Energinet Gastransmission A/S (CVR number: 39315084) is a company from FREDERICIA. The company reported a net sales of 1689.6 mDKK in 2024, demonstrating a growth of 13.7 % compared to the previous year. The operating profit percentage was at 86.8 % (EBIT: 1467.1 mDKK), while net earnings were 504.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Energinet Gastransmission A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales202.72327.21560.801 485.481 689.63
Gross profit202.72327.21472.311 252.261 582.41
EBIT202.72327.2168.621 139.511 467.06
Net earnings-1.1517.2525.39274.58504.20
Shareholders equity total335.49352.746 195.976 470.566 974.76
Balance sheet total (assets)7 847.3811 300.8515 834.0116 525.5616 999.90
Net debt4 855.735 679.405 516.52
Profitability
EBIT-%100.0 %100.0 %12.2 %76.7 %86.8 %
ROA3.0 %3.4 %0.6 %7.1 %8.8 %
ROE-0.3 %5.0 %0.8 %4.3 %7.5 %
ROI3.0 %3.4 %0.6 %7.9 %9.7 %
Economic value added (EVA)185.30310.3537.58578.56538.19
Solvency
Equity ratio100.0 %100.0 %39.1 %39.2 %41.0 %
Gearing78.4 %87.8 %79.1 %
Relative net indebtedness %1147.9 %480.3 %414.6 %
Liquidity
Quick ratio0.11.30.4
Current ratio0.41.30.4
Cash and cash equivalents2.462.902.48
Capital use efficiency
Trade debtors turnover (days)8.121.710.1
Net working capital %125.1 %74.2 %-81.7 %8.6 %-72.9 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:8.82%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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