DIN Forsyning Spildevand A/S
Credit rating
Company information
About DIN Forsyning Spildevand A/S
DIN Forsyning Spildevand A/S (CVR number: 32661165) is a company from ESBJERG. The company reported a net sales of 272.9 mDKK in 2023, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was at 30.5 % (EBIT: 83.2 mDKK), while net earnings were 72.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DIN Forsyning Spildevand A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 258.61 | 272.06 | 285.00 | 288.57 | 272.94 |
Gross profit | 107.78 | 113.64 | 137.60 | 132.20 | 100.03 |
EBIT | 91.88 | 102.16 | 125.26 | 113.94 | 83.20 |
Net earnings | 84.63 | 96.80 | 120.10 | 108.02 | 72.69 |
Shareholders equity total | 2 441.30 | 2 568.34 | 2 661.12 | 2 787.67 | 2 858.02 |
Balance sheet total (assets) | 2 857.07 | 2 999.96 | 3 188.56 | 3 351.16 | 3 505.05 |
Net debt | 461.13 | 558.17 | |||
Profitability | |||||
EBIT-% | 35.5 % | 37.5 % | 43.9 % | 39.5 % | 30.5 % |
ROA | 3.3 % | 3.5 % | 4.0 % | 3.5 % | 2.5 % |
ROE | 3.5 % | 3.9 % | 4.6 % | 4.0 % | 2.6 % |
ROI | 3.3 % | 3.5 % | 4.0 % | 3.6 % | 2.6 % |
Economic value added (EVA) | -39.56 | -20.52 | -3.80 | -19.40 | -75.10 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 83.2 % | 81.5 % |
Gearing | 16.5 % | 19.5 % | |||
Relative net indebtedness % | 194.7 % | 237.1 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 0.6 | 0.5 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.3 | 19.3 | |||
Net working capital % | -24.9 % | -40.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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