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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 26.8 mDKK in 2025, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was poor at -4.5 % (EBIT: -1.2 mDKK), while net earnings were -920.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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 2.5 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 15 248.23 | 21 076.28 | 23 522.70 | 27 801.03 | 26 750.29 |
| Gross profit | 11 683.24 | 16 635.91 | 17 964.49 | 21 790.53 | 20 255.99 |
| EBIT | - 505.52 | 2 649.49 | 589.31 | 1 017.78 | -1 208.73 |
| Net earnings | - 540.29 | 2 191.53 | 470.31 | 857.58 | - 920.66 |
| Shareholders equity total | 3 937.35 | 6 139.55 | 6 620.53 | 7 478.11 | 6 610.82 |
| Balance sheet total (assets) | 7 010.20 | 9 700.61 | 10 859.78 | 12 433.16 | 10 658.76 |
| Net debt | -2 805.70 | -5 713.19 | -5 358.36 | -7 639.49 | -5 620.13 |
| Profitability | |||||
| EBIT-% | -3.3 % | 12.6 % | 2.5 % | 3.7 % | -4.5 % |
| ROA | -6.1 % | 31.7 % | 6.1 % | 9.7 % | -10.1 % |
| ROE | -12.9 % | 43.5 % | 7.4 % | 12.2 % | -13.1 % |
| ROI | -12.1 % | 52.6 % | 9.9 % | 15.9 % | -16.5 % |
| Economic value added (EVA) | - 727.30 | 2 013.26 | 141.89 | 452.44 | -1 326.76 |
| Solvency | |||||
| Equity ratio | 56.2 % | 63.3 % | 61.0 % | 60.1 % | 62.0 % |
| Gearing | |||||
| Relative net indebtedness % | 1.8 % | -10.2 % | -4.8 % | -9.7 % | -5.9 % |
| Liquidity | |||||
| Quick ratio | 2.1 | 2.6 | 2.3 | 2.3 | 2.5 |
| Current ratio | 2.1 | 2.6 | 2.3 | 2.3 | 2.5 |
| Cash and cash equivalents | 2 805.70 | 5 713.19 | 5 358.36 | 7 639.49 | 5 620.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 72.3 | 51.2 | 65.7 | 48.3 | 44.7 |
| Net working capital % | 21.8 % | 26.6 % | 24.3 % | 24.0 % | 22.3 % |
| Credit risk | |||||
| Credit rating | BBB | A | A | A | BBB |
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