STRUER ENERGI FJERNVARME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 59.57 | 65.49 | 72.74 | 62.07 | 58.82 |
Gross profit | 9.37 | 14.71 | 13.51 | 16.25 | 15.69 |
EBIT | -3.30 | 1.62 | 0.09 | 3.07 | 1.25 |
Net earnings | -12.40 | -0.96 | 3.35 | 4.73 | 45.08 |
Shareholders equity total | 57.02 | 56.56 | 59.91 | 64.64 | 109.72 |
Balance sheet total (assets) | 230.58 | 221.31 | 221.34 | 234.64 | 275.84 |
Net debt | 140.34 | 131.48 | 130.20 | 119.38 | 103.63 |
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 ratio | 61.8 % | 58.0 % | 56.1 % | 50.9 % | 56.7 % |
Gearing | 268.5 % | 246.8 % | 224.7 % | 207.5 % | 110.7 % |
Relative net indebtedness % | 269.9 % | 239.2 % | 215.9 % | 250.1 % | 252.1 % |
Liquidity | |||||
Quick ratio | 1.2 | 0.9 | 1.1 | 0.8 | 0.7 |
Current ratio | 1.2 | 1.0 | 1.2 | 0.9 | 0.8 |
Cash and cash equivalents | 12.77 | 8.11 | 4.39 | 14.76 | 17.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.2 | 13.6 | 28.9 | 1.0 | 28.6 |
Net working capital % | 7.9 % | 0.8 % | 4.6 % | -4.7 % | -15.0 % |
Credit risk | |||||
Credit rating | A | A | AA | AAA | AA |
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