Kredsløb Affaldsenergi A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kredsløb Affaldsenergi A/S
Kredsløb Affaldsenergi A/S (CVR number: 40844260) is a company from AARHUS. The company reported a net sales of 474.2 mDKK in 2024, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 21.7 % (EBIT: 102.8 mDKK), while net earnings were 100.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 58.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Kredsløb Affaldsenergi A/S's liquidity measured by quick ratio was 2.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 370.00 | 285.00 | 402.00 | 409.22 | 474.16 |
Gross profit | 370.00 | 285.00 | 402.00 | 17.79 | 9.41 |
EBIT | 8.00 | -1.00 | 90.00 | 1.36 | 102.79 |
Net earnings | -3.00 | 68.00 | 100.06 | ||
Shareholders equity total | 98.00 | 98.00 | 137.00 | 121.07 | 221.82 |
Balance sheet total (assets) | 775.00 | 820.00 | 1 070.00 | 960.37 | 893.30 |
Net debt | 212.93 | 197.01 | |||
Profitability | |||||
EBIT-% | 2.2 % | -0.4 % | 22.4 % | 0.3 % | 21.7 % |
ROA | 1.0 % | -0.1 % | 9.5 % | 0.6 % | 11.2 % |
ROE | -3.1 % | 57.9 % | 58.4 % | ||
ROI | 1.0 % | -0.1 % | 9.5 % | 0.6 % | 11.9 % |
Economic value added (EVA) | 8.00 | -5.92 | 85.08 | -5.92 | 57.72 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 12.6 % | 24.8 % |
Gearing | 175.9 % | 88.8 % | |||
Relative net indebtedness % | 65.0 % | 53.3 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 2.2 | |||
Current ratio | 2.0 | 2.2 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.5 | 19.7 | |||
Net working capital % | 16.8 % | 17.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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