REFA Energi Holding A/S
Credit rating
Company information
About REFA Energi Holding A/S
REFA Energi Holding A/S (CVR number: 38392913) is a company from GULDBORGSUND. The company reported a net sales of 6.4 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was poor at -11.2 % (EBIT: -0.7 mDKK), while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REFA Energi Holding A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 449.87 | 5 601.03 | 5 976.41 | 6 260.58 | 6 445.39 |
Gross profit | 5 210.20 | 5 302.05 | 5 681.49 | 6 202.66 | 6 174.64 |
EBIT | 93.28 | -20.46 | 348.21 | 1 027.36 | - 724.66 |
Net earnings | -4 122.00 | -8 386.66 | 15 333.35 | 25 693.22 | 10 221.35 |
Shareholders equity total | 11 096.30 | 2 709.64 | 18 127.13 | 43 820.35 | 54 041.70 |
Balance sheet total (assets) | 12 462.79 | 5 070.87 | 19 916.98 | 45 645.80 | 56 685.02 |
Net debt | - 610.47 | -1 219.51 | - 983.15 | - 836.20 | -2 510.38 |
Profitability | |||||
EBIT-% | 1.7 % | -0.4 % | 5.8 % | 16.4 % | -11.2 % |
ROA | -28.0 % | -95.7 % | 123.0 % | 79.0 % | 20.1 % |
ROE | -31.3 % | -121.5 % | 147.2 % | 83.0 % | 20.9 % |
ROI | -31.1 % | -121.3 % | 147.4 % | 83.5 % | 21.0 % |
Economic value added (EVA) | 586.15 | 60.08 | 379.83 | 1 230.99 | 831.00 |
Solvency | |||||
Equity ratio | 89.0 % | 53.4 % | 91.0 % | 96.0 % | 95.3 % |
Gearing | 0.7 % | 0.1 % | |||
Relative net indebtedness % | 13.9 % | 20.1 % | 13.5 % | 15.0 % | 2.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.2 | 1.7 | 1.5 |
Current ratio | 0.9 | 1.0 | 1.2 | 1.7 | 1.5 |
Cash and cash equivalents | 610.47 | 1 237.30 | 983.15 | 888.15 | 2 510.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.9 | 14.7 | 8.9 | 10.0 | 6.9 |
Net working capital % | -2.7 % | 1.4 % | 6.6 % | 20.8 % | 21.8 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | A |
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