Centrica Energy Trading A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Centrica Energy Trading A/S
Centrica Energy Trading A/S (CVR number: 20293195K) is a company from AALBORG. The company recorded a gross profit of 4260.8 mDKK in 2023. The operating profit was 3209.8 mDKK, while net earnings were 2656.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 41 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. Centrica Energy Trading A/S's liquidity measured by quick ratio was 1.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 65 008 412.00 | |||
Gross profit | 579 687.00 | 934 913.00 | 6 767 224.00 | 4 260 836.00 |
EBIT | 180 953.00 | 522 560.00 | 5 885 478.00 | 3 209 762.00 |
Net earnings | 246 859.00 | 490 232.00 | 4 655 785.00 | 2 656 367.00 |
Shareholders equity total | 1 322 518.00 | 1 982 100.00 | 6 659 421.00 | 6 304 641.00 |
Balance sheet total (assets) | 4 258 949.00 | 17 964 132.00 | 24 455 372.00 | 14 855 794.00 |
Net debt | - 537 488.00 | 1 318 937.00 | -3 329 761.00 | -1 009 874.00 |
Profitability | ||||
EBIT-% | 0.3 % | |||
ROA | 5.8 % | 5.8 % | 27.9 % | 18.1 % |
ROE | 18.7 % | 29.7 % | 107.8 % | 41.0 % |
ROI | 4.4 % | 10.6 % | 62.4 % | 34.0 % |
Economic value added (EVA) | 180 953.00 | 375 586.91 | 4 648 927.95 | 2 308 286.78 |
Solvency | ||||
Equity ratio | 49.4 % | 11.0 % | 27.2 % | 42.4 % |
Gearing | 116.5 % | 0.2 % | 7.0 % | |
Relative net indebtedness % | -2.9 % | |||
Liquidity | ||||
Quick ratio | -2.8 | 1.1 | 1.4 | 1.9 |
Current ratio | -3.1 | 1.2 | 1.6 | 2.1 |
Cash and cash equivalents | 537 488.00 | 990 004.00 | 3 340 236.00 | 1 449 394.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 8.3 % | |||
Credit risk | ||||
Credit rating | BBB | BBB | A | AA |
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