E.ON VARME DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 25625625
Dirch Passers Allé 76, 2000 Frederiksberg
mail@eon-danmark.dk
tel: 44854100

Credit rating

Company information

Official name
E.ON VARME DANMARK ApS
Established
2000
Company form
Private limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About E.ON VARME DANMARK ApS

E.ON VARME DANMARK ApS (CVR number: 25625625) is a company from FREDERIKSBERG. The company reported a net sales of 67.5 mDKK in 2023, demonstrating a decline of -4.3 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 9.6 mDKK), while net earnings were 5761 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. E.ON VARME DANMARK ApS'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales48.6849.6161.7370.5467.52
Gross profit2.313.217.9813.6113.27
EBIT-2.020.374.030.469.60
Net earnings-4.15-1.74-0.48-1.675.76
Shareholders equity total38.8237.0836.6034.9440.70
Balance sheet total (assets)203.89220.66215.47256.84243.33
Net debt145.60162.50156.73188.90181.25
Profitability
EBIT-%-4.2 %0.7 %6.5 %0.6 %14.2 %
ROA-1.0 %0.2 %1.8 %0.2 %5.2 %
ROE-10.1 %-4.6 %-1.3 %-4.7 %15.2 %
ROI-1.1 %0.2 %2.0 %0.2 %5.8 %
Economic value added (EVA)-3.79-1.731.00-1.515.39
Solvency
Equity ratio19.0 %16.8 %17.0 %13.6 %16.7 %
Gearing375.1 %438.2 %428.2 %540.7 %445.4 %
Relative net indebtedness %318.2 %355.2 %277.0 %312.6 %297.7 %
Liquidity
Quick ratio3.52.72.81.61.9
Current ratio3.52.72.81.61.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)105.7115.470.2149.850.6
Net working capital %121.1 %110.1 %88.6 %66.8 %68.6 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:5.18%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.7%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

Companies in the same industry

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