Energi Fyn Energihandel A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Energi Fyn Energihandel A/S
Energi Fyn Energihandel A/S (CVR number: 27116469) is a company from ODENSE. The company reported a net sales of 1663.4 mDKK in 2023, demonstrating a decline of -37.6 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 16.7 mDKK), while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. Energi Fyn Energihandel A/S's liquidity measured by quick ratio was 1.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 028.00 | 871.00 | 1 593.50 | 2 667.53 | 1 663.39 |
Gross profit | 1 028.00 | 871.00 | 1 593.50 | 40.61 | 25.12 |
EBIT | 1 028.00 | 871.00 | 1 593.50 | 33.47 | 16.73 |
Net earnings | 24.70 | 23.30 | 24.10 | 22.34 | 14.83 |
Shareholders equity total | 349.64 | 184.12 | |||
Balance sheet total (assets) | 1 027.16 | 581.59 | |||
Net debt | 118.82 | 106.41 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 1.3 % | 1.0 % |
ROA | 493.5 % | 3.3 % | 2.9 % | ||
ROE | 52.7 % | 6.4 % | 5.6 % | ||
ROI | 1801.6 % | 6.1 % | 5.5 % | ||
Economic value added (EVA) | 1 022.27 | 871.00 | 1 593.50 | 25.78 | -14.55 |
Solvency | |||||
Equity ratio | 34.0 % | 31.7 % | |||
Gearing | 34.0 % | 57.8 % | |||
Relative net indebtedness % | 22.4 % | 23.1 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | |||
Current ratio | 1.7 | 1.5 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.0 | 44.8 | |||
Net working capital % | 16.0 % | 11.7 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | BBB |
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