Kredsløb Halmenergi A/S — Credit Rating and Financial Key Figures

Kredsløb Halmenergi A/S (CVR number: 30536142) is a company from AARHUS. The company reported a net sales of 337.4 mDKK in 2023, demonstrating a decline of -32.2 % compared to the previous year. The operating profit percentage was at 18.3 % (EBIT: 61.6 mDKK), while net earnings were 46.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kredsløb Halmenergi A/S's liquidity measured by quick ratio was 3.1 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.