Credit rating
Company information
About VIDEBÆK ENERGIFORSYNING A/S
VIDEBÆK ENERGIFORSYNING A/S (CVR number: 33258453) is a company from RINGKØBING-SKJERN. The company reported a net sales of 7.9 mDKK in 2023, demonstrating a growth of 6.9 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0 mDKK), while net earnings were -126.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VIDEBÆK ENERGIFORSYNING A/S's liquidity measured by quick ratio was 4.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 102.85 | 6 723.71 | 7 189.85 | 7 348.60 | 7 854.76 |
Gross profit | 8 102.85 | 6 723.71 | 7 189.85 | 7 348.60 | 7 854.76 |
EBIT | 230.18 | -7.92 | - 166.37 | 74.41 | 30.45 |
Net earnings | -1 145.24 | - 802.38 | -1 608.15 | 3 187.75 | - 126.41 |
Shareholders equity total | 143 935.05 | 89 545.83 | 87 937.68 | 91 125.43 | 90 999.02 |
Balance sheet total (assets) | 146 288.21 | 108 308.75 | 94 687.73 | 104 503.35 | 93 987.06 |
Net debt | -8 917.67 | 6 480.97 | -3 306.28 | -14 185.00 | -6 143.24 |
Profitability | |||||
EBIT-% | 2.8 % | -0.1 % | -2.3 % | 1.0 % | 0.4 % |
ROA | -0.7 % | -0.6 % | -1.1 % | 2.4 % | -0.0 % |
ROE | -0.8 % | -0.7 % | -1.8 % | 3.6 % | -0.1 % |
ROI | -0.7 % | -0.6 % | -1.1 % | 2.6 % | -0.0 % |
Economic value added (EVA) | 320.80 | - 128.96 | - 218.11 | - 787.90 | - 755.25 |
Solvency | |||||
Equity ratio | 98.4 % | 82.7 % | 92.9 % | 87.2 % | 96.8 % |
Gearing | 0.2 % | 18.1 % | 6.1 % | ||
Relative net indebtedness % | -85.5 % | 134.3 % | -27.1 % | -11.0 % | -40.2 % |
Liquidity | |||||
Quick ratio | 5.8 | 4.2 | 2.6 | 1.9 | 4.9 |
Current ratio | 5.8 | 4.2 | 2.6 | 1.9 | 4.9 |
Cash and cash equivalents | 9 277.14 | 9 731.33 | 8 700.89 | 14 185.00 | 6 143.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.3 | 115.3 | 139.5 | 41.9 | 58.4 |
Net working capital % | 138.9 % | 170.8 % | 149.0 % | 158.9 % | 148.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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