ED HEATING A/S — Credit Rating and Financial Key Figures

CVR number: 17055437
Bastrup Skolevej 26, 6580 Vamdrup
rg@edheating.dk
tel: 65982160
Free credit report Annual report

Credit rating

Company information

Official name
ED HEATING A/S
Personnel
13 persons
Established
1993
Company form
Limited company
Industry

About ED HEATING A/S

ED HEATING A/S (CVR number: 17055437) is a company from KOLDING. The company recorded a gross profit of 16.7 mDKK in 2024. The operating profit was 12.1 mDKK, while net earnings were 9482.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 89.6 %, which can be considered excellent and Return on Equity (ROE) was 97.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ED HEATING A/S's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 566.034 547.625 531.6010 961.3816 717.47
EBIT1 225.582 701.373 505.398 054.6612 111.57
Net earnings910.942 099.042 674.296 392.929 482.90
Shareholders equity total2 287.393 386.434 060.727 953.6511 436.55
Balance sheet total (assets)4 665.775 605.909 123.5612 286.9714 914.95
Net debt992.42973.652 461.31-7 939.51-4 518.31
Profitability
EBIT-%
ROA30.3 %52.6 %47.6 %76.4 %89.6 %
ROE44.8 %74.0 %71.8 %106.4 %97.8 %
ROI35.9 %62.4 %59.7 %106.3 %120.2 %
Economic value added (EVA)802.961 914.532 435.505 951.678 995.67
Solvency
Equity ratio49.0 %60.4 %44.5 %64.7 %76.7 %
Gearing66.5 %39.0 %64.3 %3.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.12.22.6
Current ratio1.62.31.82.94.6
Cash and cash equivalents528.51348.74149.278 208.234 541.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:89.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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