FJERNVARME FYN PRODUKTION A/S — Credit Rating and Financial Key Figures

CVR number: 36474718
Havnegade 120, 5000 Odense C

Company information

Official name
FJERNVARME FYN PRODUKTION A/S
Established
2014
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales671.121 178.751 777.401 247.671 338.63
Gross profit105.90249.72181.3550.2038.58
EBIT86.67246.61199.6441.2783.41
Net earnings69.13244.72119.6722.0253.09
Shareholders equity total327.87522.14591.81563.82616.91
Balance sheet total (assets)1 812.922 269.642 724.532 642.242 899.03
Net debt481.29509.12872.141 203.041 152.42
Profitability
EBIT-%12.9 %20.9 %11.2 %3.3 %6.2 %
ROA4.9 %12.1 %8.0 %1.9 %3.5 %
ROE21.8 %57.6 %21.5 %3.8 %9.0 %
ROI6.1 %15.0 %9.9 %2.2 %4.0 %
Economic value added (EVA)12.01186.0841.95-69.81-49.49
Solvency
Equity ratio19.5 %23.8 %21.7 %21.3 %21.3 %
Gearing270.3 %198.8 %229.2 %266.9 %256.4 %
Relative net indebtedness %111.7 %77.4 %69.1 %109.9 %103.3 %
Liquidity
Quick ratio2.61.71.11.62.2
Current ratio1.91.51.62.32.3
Cash and cash equivalents404.89528.70484.37301.98429.33
Capital use efficiency
Trade debtors turnover (days)17.310.85.611.912.5
Net working capital %46.1 %26.6 %21.6 %33.8 %34.8 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:3.55%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board
Chief executive officer
Board member

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