Energi Ikast Service A/S
Credit rating
Company information
About Energi Ikast Service A/S
Energi Ikast Service A/S (CVR number: 25161610) is a company from IKAST-BRANDE. The company reported a net sales of 84.1 mDKK in 2023, demonstrating a growth of 26.4 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 1.2 mDKK), while net earnings were 1181 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Energi Ikast Service 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 78.54 | 59.54 | 52.09 | 66.54 | 84.08 |
Gross profit | 22.14 | 23.24 | 24.80 | 26.45 | 25.79 |
EBIT | 1.13 | -0.07 | -0.36 | 1.86 | 1.21 |
Net earnings | 1.14 | 0.13 | -0.02 | 1.79 | 1.18 |
Shareholders equity total | 23.58 | 23.71 | 23.69 | 25.48 | 26.66 |
Balance sheet total (assets) | 72.86 | 61.89 | 52.00 | 72.82 | 50.91 |
Net debt | 15.06 | 21.14 | 11.82 | 8.87 | 4.36 |
Profitability | |||||
EBIT-% | 1.4 % | -0.1 % | -0.7 % | 2.8 % | 1.4 % |
ROA | 2.3 % | 0.6 % | 0.2 % | 3.9 % | 3.2 % |
ROE | 4.9 % | 0.6 % | -0.1 % | 7.3 % | 4.5 % |
ROI | 3.0 % | 0.8 % | 0.3 % | 6.9 % | 6.0 % |
Economic value added (EVA) | 0.17 | -0.81 | -1.18 | 0.29 | -0.32 |
Solvency | |||||
Equity ratio | 32.4 % | 38.3 % | 45.6 % | 48.5 % | 52.4 % |
Gearing | 100.1 % | 113.8 % | 51.3 % | 35.9 % | 17.2 % |
Relative net indebtedness % | 51.5 % | 54.3 % | 53.7 % | 70.2 % | 27.8 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.1 | 1.9 | 1.3 |
Current ratio | 1.2 | 1.2 | 1.2 | 1.2 | 1.4 |
Cash and cash equivalents | 8.54 | 5.84 | 0.33 | 0.27 | 0.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.8 | 87.9 | 178.5 | 21.5 | 75.0 |
Net working capital % | 10.5 % | 11.8 % | 11.9 % | 11.8 % | 10.8 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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