FJERNVARME FYN PRODUKTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FJERNVARME FYN PRODUKTION A/S
FJERNVARME FYN PRODUKTION A/S (CVR number: 36474718) is a company from ODENSE. The company reported a net sales of 1338.6 mDKK in 2024, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 83.4 mDKK), while net earnings were 53.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. FJERNVARME FYN PRODUKTION A/S's liquidity measured by quick ratio was 2.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 671.12 | 1 178.75 | 1 777.40 | 1 247.67 | 1 338.63 |
Gross profit | 105.90 | 249.72 | 181.35 | 50.20 | 38.58 |
EBIT | 86.67 | 246.61 | 199.64 | 41.27 | 83.41 |
Net earnings | 69.13 | 244.72 | 119.67 | 22.02 | 53.09 |
Shareholders equity total | 327.87 | 522.14 | 591.81 | 563.82 | 616.91 |
Balance sheet total (assets) | 1 812.92 | 2 269.64 | 2 724.53 | 2 642.24 | 2 899.03 |
Net debt | 481.29 | 509.12 | 872.14 | 1 203.04 | 1 152.42 |
Profitability | |||||
EBIT-% | 12.9 % | 20.9 % | 11.2 % | 3.3 % | 6.2 % |
ROA | 4.9 % | 12.1 % | 8.0 % | 1.9 % | 3.5 % |
ROE | 21.8 % | 57.6 % | 21.5 % | 3.8 % | 9.0 % |
ROI | 6.1 % | 15.0 % | 9.9 % | 2.2 % | 4.0 % |
Economic value added (EVA) | 12.01 | 186.08 | 41.95 | -69.81 | -49.49 |
Solvency | |||||
Equity ratio | 19.5 % | 23.8 % | 21.7 % | 21.3 % | 21.3 % |
Gearing | 270.3 % | 198.8 % | 229.2 % | 266.9 % | 256.4 % |
Relative net indebtedness % | 111.7 % | 77.4 % | 69.1 % | 109.9 % | 103.3 % |
Liquidity | |||||
Quick ratio | 2.6 | 1.7 | 1.1 | 1.6 | 2.2 |
Current ratio | 1.9 | 1.5 | 1.6 | 2.3 | 2.3 |
Cash and cash equivalents | 404.89 | 528.70 | 484.37 | 301.98 | 429.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.3 | 10.8 | 5.6 | 11.9 | 12.5 |
Net working capital % | 46.1 % | 26.6 % | 21.6 % | 33.8 % | 34.8 % |
Credit risk | |||||
Credit rating | AAA | AA | AAA | AA | AA |
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