RENEW ENERGY A/S — Credit Rating and Financial Key Figures

CVR number: 30814371
Kullinggade 31 E, 5700 Svendborg

Credit rating

Company information

Official name
RENEW ENERGY A/S
Personnel
9 persons
Established
2007
Company form
Limited company
Industry

About RENEW ENERGY A/S

RENEW ENERGY A/S (CVR number: 30814371) is a company from SVENDBORG. The company recorded a gross profit of 8087.4 kDKK in 2024. The operating profit was 2018.5 kDKK, while net earnings were 1196.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. RENEW ENERGY A/S's liquidity measured by quick ratio was 8.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 265.913 839.219 490.738 214.378 087.36
EBIT606.65- 443.814 047.362 565.542 018.45
Net earnings349.25- 294.374 279.051 583.631 196.67
Shareholders equity total-1 800.59905.045 684.097 267.728 464.39
Balance sheet total (assets)10 600.6611 652.8515 832.3014 397.5715 448.22
Net debt6 022.093 951.363 000.085 896.222 773.36
Profitability
EBIT-%
ROA5.2 %-0.9 %31.7 %18.5 %14.7 %
ROE3.6 %-5.1 %129.9 %24.5 %15.2 %
ROI7.9 %-1.6 %45.7 %20.9 %16.2 %
Economic value added (EVA)651.15- 374.254 214.801 603.121 193.49
Solvency
Equity ratio-10.9 %7.8 %36.1 %50.5 %54.8 %
Gearing-395.4 %444.0 %72.8 %81.4 %65.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.33.43.78.4
Current ratio1.11.33.43.78.4
Cash and cash equivalents1 098.0967.101 138.5620.232 732.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBABBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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