Energinet — Credit Rating and Financial Key Figures

CVR number: 28980671
Tonne Kjærsvej 65, Erritsø 7000 Fredericia
tel: 76245180

Company information

Official name
Energinet
Personnel
1204 persons
Established
2005
Domicile
Erritsø
Industry

About Energinet

Energinet (CVR number: 28980671K) is a company from FREDERICIA. The company reported a net sales of 11607 mDKK in 2024, demonstrating a growth of 8.9 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 1645 mDKK), while net earnings were 785 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 10.2 %, 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. Energinet's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales10 597.0010 663.0011 607.00
Gross profit4 228.005 979.007 032.00
EBIT806.002 016.001 645.00
Net earnings382.001 138.00785.00
Shareholders equity total5 500.006 616.007 420.00
Balance sheet total (assets)63 458.0067 319.0072 723.00
Net debt37 447.0040 161.0040 890.00
Profitability
EBIT-%7.6 %18.9 %14.2 %
ROA1.4 %3.2 %2.4 %
ROE6.9 %18.8 %11.2 %
ROI1.5 %3.5 %2.6 %
Economic value added (EVA)699.75-1 312.82-1 842.82
Solvency
Equity ratio8.7 %9.8 %10.2 %
Gearing678.4 %611.1 %571.9 %
Relative net indebtedness %413.4 %431.4 %410.0 %
Liquidity
Quick ratio0.50.60.6
Current ratio0.60.60.6
Cash and cash equivalents- 133.00268.001 547.00
Capital use efficiency
Trade debtors turnover (days)88.7107.479.9
Net working capital %-33.3 %-31.1 %-39.1 %
Credit risk
Credit ratingBBBBAAAAA

Variable visualization

ROA:2.40%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.2%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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