SYDKYSTENS EL A/S — Credit Rating and Financial Key Figures

CVR number: 70561417
Mørdrupvej 32, 3060 Espergærde
sydkystens-el@sydkystens-el.dk
tel: 49170073
www.sydkystens-el.dk

Company information

Official name
SYDKYSTENS EL A/S
Personnel
29 persons
Established
1982
Company form
Limited company
Industry

About SYDKYSTENS EL A/S

SYDKYSTENS EL A/S (CVR number: 70561417) is a company from HELSINGØR. The company recorded a gross profit of 6428.1 kDKK in 2023. The operating profit was 998.8 kDKK, while net earnings were 756.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. SYDKYSTENS EL A/S's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 612.507 877.258 146.875 765.686 428.05
EBIT135.351 852.822 649.73718.23998.85
Net earnings183.511 454.382 123.21563.88756.36
Shareholders equity total6 681.128 135.498 678.707 142.586 521.97
Balance sheet total (assets)13 763.5316 401.3315 748.1513 000.4913 007.37
Net debt2 105.87-1 167.31- 134.823 428.843 411.69
Profitability
EBIT-%
ROA2.2 %13.3 %17.3 %5.3 %7.8 %
ROE2.6 %19.6 %25.3 %7.1 %11.1 %
ROI3.3 %20.0 %26.0 %7.0 %8.8 %
Economic value added (EVA)- 285.88992.421 728.60139.78395.02
Solvency
Equity ratio48.8 %49.9 %55.4 %55.6 %50.9 %
Gearing33.3 %16.0 %12.7 %56.4 %68.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.42.32.01.8
Current ratio2.42.82.72.62.3
Cash and cash equivalents117.622 469.021 240.91602.211 062.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.82%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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