DANSK FJERNVARMES PROJEKTSELSKAB A.M.B.A. — Credit Rating and Financial Key Figures
Credit rating
Company information
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 27.8 mDKK in 2024, demonstrating a growth of 18.2 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 1 mDKK), while net earnings were 857.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 118.47 | 15 248.23 | 21 076.28 | 23 522.70 | 27 801.03 |
Gross profit | 11 239.47 | 11 683.24 | 16 635.91 | 17 964.49 | 21 790.53 |
EBIT | -89.90 | - 505.52 | 2 649.49 | 589.31 | 1 017.78 |
Net earnings | - 123.19 | - 540.29 | 2 191.53 | 470.31 | 857.58 |
Shareholders equity total | 4 413.61 | 3 937.35 | 6 139.55 | 6 620.53 | 7 478.11 |
Balance sheet total (assets) | 9 499.54 | 7 010.20 | 9 700.61 | 10 859.78 | 12 433.16 |
Net debt | -6 358.96 | -2 805.70 | -5 713.19 | -5 358.36 | -7 639.49 |
Profitability | |||||
EBIT-% | -0.6 % | -3.3 % | 12.6 % | 2.5 % | 3.7 % |
ROA | -1.0 % | -6.1 % | 31.7 % | 6.1 % | 9.7 % |
ROE | -2.8 % | -12.9 % | 43.5 % | 7.4 % | 12.2 % |
ROI | -1.9 % | -12.1 % | 52.6 % | 9.9 % | 15.9 % |
Economic value added (EVA) | - 316.26 | - 727.30 | 2 013.26 | 141.89 | 452.44 |
Solvency | |||||
Equity ratio | 46.5 % | 56.2 % | 63.3 % | 61.0 % | 60.1 % |
Gearing | |||||
Relative net indebtedness % | -9.0 % | 1.8 % | -10.2 % | -4.8 % | -9.7 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 2.6 | 2.3 | 2.3 |
Current ratio | 1.8 | 2.1 | 2.6 | 2.3 | 2.3 |
Cash and cash equivalents | 6 358.96 | 2 805.70 | 5 713.19 | 5 358.36 | 7 639.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.6 | 72.3 | 51.2 | 65.7 | 48.3 |
Net working capital % | 27.7 % | 21.8 % | 26.6 % | 24.3 % | 24.0 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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