Kinect Energy Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 25145704
Strømmen 6, 9400 Nørresundby
tel: 96328940

Credit rating

Company information

Official name
Kinect Energy Denmark A/S
Personnel
4 persons
Established
1999
Company form
Limited company
Industry

About Kinect Energy Denmark A/S

Kinect Energy Denmark A/S (CVR number: 25145704) is a company from AALBORG. The company recorded a gross profit of 10.7 mDKK in 2024. The operating profit was 7972.5 kDKK, while net earnings were 1680.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 14.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kinect Energy Denmark A/S's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 923.48990.59-1 511.3211 517.0910 718.23
EBIT1 806.74-1 614.67-6 151.878 305.007 972.54
Net earnings988.64-2 086.81-8 075.76289.711 680.66
Shareholders equity total7 058.214 971.41-3 104.35-2 814.6412 866.02
Balance sheet total (assets)62 638.1587 274.53161 659.9398 039.9399 845.91
Net debt59 055.4763 561.97
Profitability
EBIT-%
ROA3.8 %-2.2 %-4.9 %7.0 %8.2 %
ROE15.1 %-34.7 %-865.1 %0.6 %3.0 %
ROI3.8 %-2.2 %-4.9 %8.2 %11.8 %
Economic value added (EVA)1 501.74-1 969.35-6 401.696 052.542 766.61
Solvency
Equity ratio100.0 %100.0 %-3.7 %14.4 %
Gearing-2146.1 %512.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.3
Current ratio0.81.1
Cash and cash equivalents1 349.142 385.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:8.22%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.4%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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