Fortum Waste Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 34484414
Lindholmvej 3, 5800 Nyborg
denmark.rws@fortum.com
tel: 63317100
www.fortum.dk

Credit rating

Company information

Official name
Fortum Waste Solutions A/S
Personnel
186 persons
Established
1971
Company form
Limited company
Industry

About Fortum Waste Solutions A/S

Fortum Waste Solutions A/S (CVR number: 34484414) is a company from NYBORG. The company reported a net sales of 462.5 mDKK in 2023, demonstrating a decline of -3 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 45.8 mDKK), while net earnings were 49 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fortum Waste Solutions A/S's liquidity measured by quick ratio was 4.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales377.92415.89407.92477.00462.45
Gross profit377.92415.89186.41198.33219.34
EBIT-6.4726.1914.2127.3445.83
Net earnings-44.0633.1917.4362.4549.00
Shareholders equity total605.42638.61656.04718.49767.49
Balance sheet total (assets)971.00980.73969.43983.221 011.98
Net debt- 347.56- 373.64- 224.81
Profitability
EBIT-%-1.7 %6.3 %3.5 %5.7 %9.9 %
ROA-0.7 %2.7 %1.7 %8.2 %6.3 %
ROE-7.0 %5.3 %2.7 %9.1 %6.6 %
ROI-0.7 %2.7 %1.8 %9.1 %7.1 %
Economic value added (EVA)-39.60-4.23-20.665.4518.89
Solvency
Equity ratio100.0 %100.0 %67.7 %73.1 %75.8 %
Gearing0.8 %1.2 %1.0 %
Relative net indebtedness %-61.9 %-57.4 %-25.7 %
Liquidity
Quick ratio4.24.14.1
Current ratio4.34.34.3
Cash and cash equivalents352.78382.32232.22
Capital use efficiency
Trade debtors turnover (days)39.737.047.2
Net working capital %81.5 %74.4 %80.1 %
Credit risk
Credit ratingBBBBBBAAAAAAAAA

Variable visualization

ROA:6.32%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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