NORSK ELKRAFT DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 25322754
Turbinevej 13, 2860 Søborg
och@norskelkraft.dk
tel: 45413902

Credit rating

Company information

Official name
NORSK ELKRAFT DANMARK A/S
Personnel
26 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About NORSK ELKRAFT DANMARK A/S

NORSK ELKRAFT DANMARK A/S (CVR number: 25322754) is a company from GLADSAXE. The company reported a net sales of 983.6 mDKK in 2023, demonstrating a decline of -38.8 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 52.5 mDKK), while net earnings were 44.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 45.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. NORSK ELKRAFT DANMARK A/S's liquidity measured by quick ratio was 2.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 046.681 608.49983.61
Gross profit24.5524.1120.6354.4867.79
EBIT7.7612.629.8440.7252.50
Net earnings6.5010.317.9232.3644.38
Shareholders equity total42.5450.3555.7785.13109.51
Balance sheet total (assets)134.93125.30245.27282.07220.17
Net debt-23.74-17.02-65.85-95.69-79.67
Profitability
EBIT-%0.9 %2.5 %5.3 %
ROA6.6 %10.7 %5.7 %15.9 %22.7 %
ROE16.0 %22.2 %14.9 %45.9 %45.6 %
ROI21.3 %29.8 %19.9 %58.2 %57.7 %
Economic value added (EVA)4.948.875.9932.2441.60
Solvency
Equity ratio34.4 %42.9 %24.4 %42.3 %56.8 %
Gearing0.8 %3.7 %
Relative net indebtedness %11.8 %6.1 %3.2 %
Liquidity
Quick ratio1.61.81.42.42.5
Current ratio1.41.61.31.41.9
Cash and cash equivalents23.7417.4065.8598.8079.67
Capital use efficiency
Trade debtors turnover (days)59.739.445.8
Net working capital %4.7 %4.9 %9.9 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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