FONDEN SYDFYNS ELFORSYNING — Credit Rating and Financial Key Figures

CVR number: 35034102
Fåborgvej 44, 5700 Svendborg

Company information

Official name
FONDEN SYDFYNS ELFORSYNING
Established
1975
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales190.18383.75415.43508.71350.56
Gross profit-18.85109.35- 102.80125.6969.29
EBIT-18.8546.27- 185.6136.6720.51
Net earnings-89.4294.16- 236.1680.0113.38
Shareholders equity total678.22794.05581.73638.85645.36
Balance sheet total (assets)1 423.551 512.311 482.931 492.511 337.22
Net debt- 406.3722.12213.17230.96207.90
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)-57.5137.90- 224.9610.38-15.66
Solvency
Equity ratio100.0 %52.5 %39.3 %42.8 %48.3 %
Gearing59.2 %99.0 %93.8 %75.5 %
Relative net indebtedness %-213.7 %46.2 %98.9 %75.7 %117.7 %
Liquidity
Quick ratio1.51.01.11.2
Current ratio1.51.01.11.2
Cash and cash equivalents406.37448.06362.56368.25279.12
Capital use efficiency
Trade debtors turnover (days)43.947.936.372.2
Net working capital %213.7 %-8.9 %-17.9 %-5.6 %-7.3 %
Credit risk
Credit ratingBBBAAABBBAAAAA

Variable visualization

ROA:3.38%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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