DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 14766707
Merkurvej 7, 6000 Kolding
tel: 22466571
www.dfp.dk

Credit rating

Company information

Official name
DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A.
Personnel
26 persons
Established
1990
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A.

DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A. (CVR number: 14766707) is a company from KOLDING. The company reported a net sales of 23.5 mDKK in 2023, demonstrating a growth of 11.6 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 0.6 mDKK), while net earnings were 470.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A.'s liquidity measured by quick ratio was 2.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 440.4314 118.4715 248.2321 076.2823 522.70
Gross profit11 101.1811 239.4711 683.2416 635.9117 964.49
EBIT322.11-89.90- 505.522 649.49589.31
Net earnings221.25- 123.19- 540.292 191.53470.31
Shareholders equity total4 504.784 413.613 937.356 139.556 620.53
Balance sheet total (assets)8 444.909 499.547 010.209 700.6110 859.78
Net debt-5 223.89-6 358.96-2 805.70-5 713.19-5 358.36
Profitability
EBIT-%2.2 %-0.6 %-3.3 %12.6 %2.5 %
ROA3.9 %-1.0 %-6.1 %31.7 %6.1 %
ROE5.0 %-2.8 %-12.9 %43.5 %7.4 %
ROI7.0 %-1.9 %-12.1 %52.6 %9.9 %
Economic value added (EVA)278.14-53.76- 407.762 154.25428.97
Solvency
Equity ratio53.3 %46.5 %56.2 %63.3 %61.0 %
Gearing0.0 %
Relative net indebtedness %-8.9 %-9.0 %1.8 %-10.2 %-4.8 %
Liquidity
Quick ratio2.21.82.12.62.3
Current ratio2.21.82.12.62.3
Cash and cash equivalents5 223.906 358.962 805.705 713.195 358.36
Capital use efficiency
Trade debtors turnover (days)51.154.672.351.265.7
Net working capital %29.6 %27.7 %21.8 %26.6 %24.3 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:6.12%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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