House of Makeen Energy A/S — Credit Rating and Financial Key Figures

CVR number: 39769360
Alsvej 21, 8940 Randers SV
Free credit report Annual report

Company information

Official name
House of Makeen Energy A/S
Established
2018
Company form
Limited company
Industry

About House of Makeen Energy A/S

House of Makeen Energy A/S (CVR number: 39769360) is a company from RANDERS. The company recorded a gross profit of 6260.1 kDKK in 2024. The operating profit was 6260.1 kDKK, while net earnings were 1385.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.9 %, 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. House of Makeen Energy A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 637.465 498.465 844.575 387.906 260.06
EBIT2 618.665 498.465 844.575 387.906 260.06
Net earnings775.181 592.881 705.23970.261 385.13
Shareholders equity total-1 801.561 508.058 821.699 386.5810 532.41
Balance sheet total (assets)70 215.9671 700.6476 262.3865 387.4362 245.27
Net debt63 446.8960 715.6156 913.8045 725.1042 736.08
Profitability
EBIT-%
ROA3.8 %7.9 %7.9 %8.4 %10.3 %
ROE1.1 %4.4 %33.0 %10.7 %13.9 %
ROI3.9 %8.7 %9.1 %9.7 %11.9 %
Economic value added (EVA)-1 454.22558.69815.564.751 233.09
Solvency
Equity ratio-2.5 %2.1 %11.6 %14.4 %16.9 %
Gearing-3587.0 %4048.4 %645.2 %507.9 %405.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.40.30.3
Current ratio0.60.50.40.30.3
Cash and cash equivalents1 174.15335.662.361 946.940.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.