FONDEN SYDFYNS ELFORSYNING — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN SYDFYNS ELFORSYNING
FONDEN SYDFYNS ELFORSYNING (CVR number: 35034102K) is a company from SVENDBORG. The company reported a net sales of 350.6 mDKK in 2024, demonstrating a decline of -31.1 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 20.5 mDKK), while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDEN SYDFYNS ELFORSYNING's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 190.18 | 383.75 | 415.43 | 508.71 | 350.56 |
Gross profit | -18.85 | 109.35 | - 102.80 | 125.69 | 69.29 |
EBIT | -18.85 | 46.27 | - 185.61 | 36.67 | 20.51 |
Net earnings | -89.42 | 94.16 | - 236.16 | 80.01 | 13.38 |
Shareholders equity total | 678.22 | 794.05 | 581.73 | 638.85 | 645.36 |
Balance sheet total (assets) | 1 423.55 | 1 512.31 | 1 482.93 | 1 492.51 | 1 337.22 |
Net debt | - 406.37 | 22.12 | 213.17 | 230.96 | 207.90 |
Profitability | |||||
EBIT-% | -9.9 % | 12.1 % | -44.7 % | 7.2 % | 5.9 % |
ROA | -1.3 % | 7.0 % | -11.2 % | 7.8 % | 3.4 % |
ROE | -12.4 % | 13.7 % | -39.4 % | 15.0 % | 2.4 % |
ROI | -1.3 % | 7.5 % | -13.3 % | 9.4 % | 4.0 % |
Economic value added (EVA) | -57.51 | 37.90 | - 224.96 | 10.38 | -15.66 |
Solvency | |||||
Equity ratio | 100.0 % | 52.5 % | 39.3 % | 42.8 % | 48.3 % |
Gearing | 59.2 % | 99.0 % | 93.8 % | 75.5 % | |
Relative net indebtedness % | -213.7 % | 46.2 % | 98.9 % | 75.7 % | 117.7 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.0 | 1.1 | 1.2 | |
Current ratio | 1.5 | 1.0 | 1.1 | 1.2 | |
Cash and cash equivalents | 406.37 | 448.06 | 362.56 | 368.25 | 279.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.9 | 47.9 | 36.3 | 72.2 | |
Net working capital % | 213.7 % | -8.9 % | -17.9 % | -5.6 % | -7.3 % |
Credit risk | |||||
Credit rating | BBB | AAA | BBB | AAA | AA |
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