Kredsløb Fjernvarme A/S — Credit Rating and Financial Key Figures

CVR number: 40844309
Karen Blixens Boulevard 7, 8220 Brabrand

Company information

Official name
Kredsløb Fjernvarme A/S
Established
2019
Company form
Limited company
Industry

About Kredsløb Fjernvarme A/S

Kredsløb Fjernvarme A/S (CVR number: 40844309) is a company from AARHUS. The company reported a net sales of 1650.5 mDKK in 2024, demonstrating a growth of 8.7 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 20.1 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.3 %, 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. Kredsløb Fjernvarme A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 742.001 283.001 362.001 518.311 650.50
Gross profit1 742.001 283.001 362.00284.26283.50
EBIT48.00-1.0015.0014.8920.05
Net earnings
Shareholders equity total16.0016.0016.0015.6715.67
Balance sheet total (assets)5 231.005 275.005 040.005 014.584 980.48
Net debt1 106.051 193.90
Profitability
EBIT-%2.8 %-0.1 %1.1 %1.0 %1.2 %
ROA0.9 %-0.0 %0.3 %0.4 %0.4 %
ROE
ROI0.9 %-0.0 %0.3 %0.4 %0.4 %
Economic value added (EVA)48.00-1.8014.209.77- 231.58
Solvency
Equity ratio100.0 %100.0 %100.0 %0.3 %0.3 %
Gearing7059.7 %7620.5 %
Relative net indebtedness %80.9 %80.3 %
Liquidity
Quick ratio0.30.3
Current ratio0.40.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)19.311.2
Net working capital %-27.5 %-25.0 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.42%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.32%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.