STRUER ENERGI FJERNVARME A/S — Credit Rating and Financial Key Figures

CVR number: 26203562
Jyllandsgade 1, 7600 Struer
tel: 97851188

Credit rating

Company information

Official name
STRUER ENERGI FJERNVARME A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About STRUER ENERGI FJERNVARME A/S

STRUER ENERGI FJERNVARME A/S (CVR number: 26203562) is a company from STRUER. The company reported a net sales of 58.8 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 1.2 mDKK), while net earnings were 45.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 51.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. STRUER ENERGI FJERNVARME A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales59.5765.4972.7462.0758.82
Gross profit9.3714.7113.5116.2515.69
EBIT-3.301.620.093.071.25
Net earnings-12.40-0.963.354.7345.08
Shareholders equity total57.0256.5659.9164.64109.72
Balance sheet total (assets)230.58221.31221.34234.64275.84
Net debt140.34131.48130.20119.38103.63
Profitability
EBIT-%-5.5 %2.5 %0.1 %4.9 %2.1 %
ROA-6.7 %0.3 %1.6 %3.4 %18.1 %
ROE-19.6 %-1.7 %5.7 %7.6 %51.7 %
ROI-7.2 %0.3 %1.8 %4.0 %21.4 %
Economic value added (EVA)-5.27-2.28-3.80-2.07-3.17
Solvency
Equity ratio61.8 %58.0 %56.1 %50.9 %56.7 %
Gearing268.5 %246.8 %224.7 %207.5 %110.7 %
Relative net indebtedness %269.9 %239.2 %215.9 %250.1 %252.1 %
Liquidity
Quick ratio1.20.91.10.80.7
Current ratio1.21.01.20.90.8
Cash and cash equivalents12.778.114.3914.7617.85
Capital use efficiency
Trade debtors turnover (days)2.213.628.91.028.6
Net working capital %7.9 %0.8 %4.6 %-4.7 %-15.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

Companies in the same industry

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