KERTEMINDE FORSYNING - SPILDEVAND A/S
Credit rating
Company information
About KERTEMINDE FORSYNING - SPILDEVAND A/S
KERTEMINDE FORSYNING - SPILDEVAND A/S (CVR number: 32077315) is a company from KERTEMINDE. The company reported a net sales of 40.9 mDKK in 2023, demonstrating a decline of -0.7 % compared to the previous year. The operating profit percentage was at 15.8 % (EBIT: 6.5 mDKK), while net earnings were 5163 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KERTEMINDE FORSYNING - SPILDEVAND A/S's liquidity measured by quick ratio was 11.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.45 | 38.29 | 37.01 | 41.18 | 40.89 |
Gross profit | 18.16 | 21.38 | 18.41 | 21.70 | 21.34 |
EBIT | 5.20 | 7.93 | 7.14 | 9.25 | 6.46 |
Net earnings | 3.43 | 7.69 | 7.11 | 9.09 | 5.16 |
Shareholders equity total | 474.88 | 482.56 | 489.67 | 469.54 | 474.70 |
Balance sheet total (assets) | 508.81 | 514.28 | 522.21 | 560.87 | 581.61 |
Net debt | 21.83 | 22.66 | 16.94 | 39.54 | 68.59 |
Profitability | |||||
EBIT-% | 15.1 % | 20.7 % | 19.3 % | 22.5 % | 15.8 % |
ROA | 1.0 % | 1.6 % | 1.4 % | 1.7 % | 1.1 % |
ROE | 0.7 % | 1.6 % | 1.5 % | 1.9 % | 1.1 % |
ROI | 1.1 % | 1.6 % | 1.4 % | 1.8 % | 1.2 % |
Economic value added (EVA) | -20.14 | -16.16 | -17.20 | -15.34 | -18.68 |
Solvency | |||||
Equity ratio | 93.3 % | 93.8 % | 93.8 % | 83.7 % | 81.6 % |
Gearing | 4.6 % | 4.7 % | 4.2 % | 8.4 % | 14.4 % |
Relative net indebtedness % | 98.5 % | 82.8 % | 77.7 % | 153.3 % | 190.6 % |
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.4 | 37.1 | 11.9 |
Current ratio | 0.2 | 0.2 | 0.4 | 37.3 | 12.1 |
Cash and cash equivalents | 0.01 | 3.78 | 0.00 | 0.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.4 | 33.7 | 13.4 | 15.2 | 26.4 |
Net working capital % | -67.1 % | -55.8 % | -34.6 % | 44.4 % | 17.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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