Crossbridge Energy A/S — Credit Rating and Financial Key Figures

CVR number: 10373816
Egeskovvej 265, 7000 Fredericia
fredericia-reception-refine-r@crossbridge.dk
tel: 79203522

Credit rating

Company information

Official name
Crossbridge Energy A/S
Personnel
301 persons
Established
1913
Company form
Limited company
Industry

About Crossbridge Energy A/S

Crossbridge Energy A/S (CVR number: 10373816K) is a company from FREDERICIA. The company reported a net sales of 15200.2 mDKK in 2024, demonstrating a decline of -21.3 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -97.8 mDKK), while net earnings were -274.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. Crossbridge Energy 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 sales8 363.1012 628.0024 190.1019 312.6015 200.20
Gross profit- 459.40- 129.001 814.10562.70101.20
EBIT- 552.70- 289.301 613.30639.70-97.80
Net earnings- 534.70- 604.001 164.20273.80- 274.10
Shareholders equity total767.40642.701 806.902 080.701 430.70
Balance sheet total (assets)2 754.303 587.004 141.504 293.803 917.70
Net debt2 143.201 350.10922.101 671.50
Profitability
EBIT-%-6.6 %-2.3 %6.7 %3.3 %-0.6 %
ROA-17.9 %-7.8 %43.2 %16.4 %-1.4 %
ROE-69.7 %-85.7 %95.1 %14.1 %-15.6 %
ROI-60.2 %-12.9 %51.1 %20.0 %-1.7 %
Economic value added (EVA)- 569.31- 357.541 366.88360.46- 247.34
Solvency
Equity ratio27.9 %17.9 %43.6 %48.5 %36.5 %
Gearing356.1 %86.0 %60.7 %127.2 %
Relative net indebtedness %23.8 %22.2 %8.8 %9.7 %15.4 %
Liquidity
Quick ratio0.50.50.60.70.3
Current ratio0.80.91.21.30.9
Cash and cash equivalents145.60203.30341.10148.40
Capital use efficiency
Trade debtors turnover (days)25.738.69.411.08.6
Net working capital %-4.0 %-1.5 %2.2 %4.0 %-2.0 %
Credit risk
Credit ratingBBBBBBAAABBB

Variable visualization

ROA:-1.40%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
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.