EEA RENEWABLES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EEA RENEWABLES A/S
EEA RENEWABLES A/S (CVR number: 33256639) is a company from GLADSAXE. The company recorded a gross profit of -10.3 kEUR in 2024. The operating profit was -10.3 kEUR, while net earnings were 321.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EEA RENEWABLES A/S's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.59 | 175.28 | -9.88 | -11.32 | -10.30 |
EBIT | -8.59 | 175.28 | -9.88 | -11.32 | -10.30 |
Net earnings | 172.63 | 494.69 | 460.19 | 260.96 | 321.94 |
Shareholders equity total | 3 878.31 | 3 773.00 | 3 633.19 | 3 494.15 | 3 466.09 |
Balance sheet total (assets) | 4 069.71 | 4 380.90 | 3 641.29 | 3 527.02 | 3 847.95 |
Net debt | -1 034.28 | - 805.30 | - 440.70 | - 165.19 | -95.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.2 % | 12.5 % | 12.2 % | 7.9 % | 9.4 % |
ROE | 4.6 % | 12.9 % | 12.4 % | 7.3 % | 9.3 % |
ROI | 5.4 % | 12.8 % | 12.2 % | 8.0 % | 9.4 % |
Economic value added (EVA) | - 192.81 | -33.79 | - 227.45 | - 191.39 | - 183.60 |
Solvency | |||||
Equity ratio | 95.3 % | 86.1 % | 99.8 % | 99.1 % | 90.1 % |
Gearing | 15.9 % | 10.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.6 | 2.3 | 54.4 | 5.1 | 1.2 |
Current ratio | 5.6 | 2.3 | 54.4 | 5.1 | 1.2 |
Cash and cash equivalents | 1 034.28 | 1 405.30 | 440.70 | 165.19 | 445.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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