FENAGY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FENAGY A/S
FENAGY A/S (CVR number: 41457341) is a company from AARHUS. The company reported a net sales of 220 mDKK in 2023, demonstrating a growth of 111.1 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 18.8 mDKK), while net earnings were 13.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FENAGY A/S's liquidity measured by quick ratio was 1.5 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 30.39 | 104.22 | 219.98 |
Gross profit | 8.73 | 26.09 | 55.98 |
EBIT | -2.35 | 2.91 | 18.76 |
Net earnings | -1.51 | 2.07 | 13.81 |
Shareholders equity total | 20.38 | 22.44 | 36.25 |
Balance sheet total (assets) | 26.27 | 64.02 | 118.01 |
Net debt | -6.25 | 12.32 | 26.45 |
Profitability | |||
EBIT-% | -7.7 % | 2.8 % | 8.5 % |
ROA | -8.9 % | 6.6 % | 20.7 % |
ROE | -7.4 % | 9.7 % | 47.0 % |
ROI | -10.6 % | 9.9 % | 34.3 % |
Economic value added (EVA) | -1.44 | 1.78 | 13.69 |
Solvency | |||
Equity ratio | 77.9 % | 38.3 % | 34.6 % |
Gearing | 0.6 % | 55.1 % | 73.1 % |
Relative net indebtedness % | -1.6 % | 37.1 % | 33.2 % |
Liquidity | |||
Quick ratio | 3.6 | 1.0 | 1.5 |
Current ratio | 4.2 | 1.4 | 1.5 |
Cash and cash equivalents | 6.37 | 0.05 | 0.05 |
Capital use efficiency | |||
Trade debtors turnover (days) | 22.4 | 87.1 | 60.1 |
Net working capital % | 45.8 % | 14.4 % | 15.6 % |
Credit risk | |||
Credit rating | A | A | AA |
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