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: 20293195) is a company from AALBORG. The company reported a net sales of 64899.5 mDKK in 2020, demonstrating a decline of -16.6 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 216 mDKK), while net earnings were 246.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. Centrica Energy Trading A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 511.94 | 37 370.67 | 69 259.26 | 77 826.08 | 64 899.47 |
Gross profit | 494.52 | 488.00 | 520.01 | 506.10 | 558.36 |
EBIT | 230.00 | 219.16 | 190.64 | 168.39 | 215.96 |
Net earnings | 122.54 | 198.60 | 150.38 | 214.36 | 246.86 |
Shareholders equity total | 557.36 | 714.76 | 865.35 | 1 081.16 | 1 322.52 |
Balance sheet total (assets) | 2 164.49 | 2 642.66 | 4 226.93 | 4 379.28 | 4 111.56 |
Net debt | 106.54 | 198.25 | 1 159.99 | -2.76 | - 333.19 |
Profitability | |||||
EBIT-% | 1.2 % | 0.6 % | 0.3 % | 0.2 % | 0.3 % |
ROA | 10.4 % | 10.9 % | 6.0 % | 6.2 % | 7.7 % |
ROE | 22.0 % | 31.2 % | 19.0 % | 22.0 % | 20.5 % |
ROI | 24.0 % | 23.6 % | 10.8 % | 13.2 % | 21.0 % |
Economic value added (EVA) | 177.04 | 155.21 | 126.71 | 106.33 | 139.13 |
Solvency | |||||
Equity ratio | 25.8 % | 27.0 % | 20.5 % | 24.7 % | 31.9 % |
Gearing | 56.0 % | 57.7 % | 169.9 % | 25.2 % | 8.1 % |
Relative net indebtedness % | 7.5 % | 4.6 % | 4.4 % | 3.9 % | 3.6 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.0 | 1.2 | 1.3 |
Current ratio | 1.3 | 1.4 | 1.3 | 1.3 | 1.4 |
Cash and cash equivalents | 205.35 | 214.31 | 310.05 | 275.47 | 440.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.1 | 7.9 | 7.1 | 8.6 | 6.0 |
Net working capital % | 2.3 % | 1.8 % | 1.3 % | 1.2 % | 1.8 % |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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