Energinet Eltransmission A/S — Credit Rating and Financial Key Figures

Energinet Eltransmission A/S (CVR number: 39314878) is a company from FREDERICIA. The company reported a net sales of 4123.1 mDKK in 2023, demonstrating a growth of 11.6 % compared to the previous year. The operating profit percentage was at 29.6 % (EBIT: 1218.9 mDKK), while net earnings were 608.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Energinet Eltransmission A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.