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

CVR number: 26203562
Jyllandsgade 1, 7600 Struer
tel: 97851188
Free credit report Annual report

Company information

Official name
STRUER ENERGI FJERNVARME A/S
Established
2001
Company form
Limited company
Industry

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 82.6 mDKK in 2024, demonstrating a growth of 40.4 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 2.3 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, 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 0.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales65.4972.7462.0758.8282.61
Gross profit14.7113.5116.2515.6916.99
EBIT1.620.093.071.252.31
Net earnings-0.963.354.73
Shareholders equity total56.5659.9164.6485.0385.03
Balance sheet total (assets)221.31221.34234.64251.16228.13
Net debt131.48130.20119.38103.63108.35
Profitability
EBIT-%2.5 %0.1 %4.9 %2.1 %2.8 %
ROA0.3 %1.6 %3.4 %0.5 %1.1 %
ROE-1.7 %5.7 %7.6 %
ROI0.3 %1.8 %4.0 %0.6 %1.3 %
Economic value added (EVA)-9.41-9.79-7.60-9.19-8.81
Solvency
Equity ratio58.0 %56.1 %50.9 %52.4 %56.0 %
Gearing246.8 %224.7 %207.5 %142.9 %130.2 %
Relative net indebtedness %239.2 %215.9 %250.1 %252.1 %170.3 %
Liquidity
Quick ratio0.91.10.80.70.4
Current ratio1.01.20.90.80.6
Cash and cash equivalents8.114.3914.7617.852.40
Capital use efficiency
Trade debtors turnover (days)13.628.91.028.617.1
Net working capital %0.8 %4.6 %-4.7 %-15.0 %-13.8 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.08%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
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

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