Energi Innovation Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Energi Innovation Holding A/S
Energi Innovation Holding A/S (CVR number: 41153520K) is a company from VEJEN. The company reported a net sales of 904.6 mDKK in 2023, demonstrating a growth of 136.7 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 34.7 mDKK), while net earnings were 27 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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. Energi Innovation Holding A/S's liquidity measured by quick ratio was 2.1 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 340.23 | 101.23 | 382.17 | 904.65 |
Gross profit | 340.23 | 101.23 | 151.12 | 105.41 |
EBIT | 55.06 | 1.78 | 118.88 | 34.68 |
Net earnings | 39.53 | -4.21 | 115.01 | 26.97 |
Shareholders equity total | 39.61 | 35.38 | 150.39 | 160.98 |
Balance sheet total (assets) | 248.27 | 277.76 | 415.10 | 285.08 |
Net debt | -40.41 | 16.83 | ||
Profitability | ||||
EBIT-% | 16.2 % | 1.8 % | 31.1 % | 3.8 % |
ROA | 22.2 % | 0.7 % | 34.4 % | 11.7 % |
ROE | 99.8 % | -11.2 % | 123.8 % | 17.3 % |
ROI | 22.2 % | 0.7 % | 52.1 % | 21.4 % |
Economic value added (EVA) | 55.06 | -0.21 | 114.34 | 22.71 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 45.4 % | 57.1 % |
Gearing | 15.3 % | 23.7 % | ||
Relative net indebtedness % | 51.2 % | 11.4 % | ||
Liquidity | ||||
Quick ratio | 1.8 | 2.1 | ||
Current ratio | 1.5 | 2.1 | ||
Cash and cash equivalents | 63.35 | 21.34 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 29.6 | 8.2 | ||
Net working capital % | 34.8 % | 15.0 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | A | AAA |
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