DIN Forsyning Spildevand A/S — Credit Rating and Financial Key Figures
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 299.6 mDKK in 2024, demonstrating a growth of 9.8 % compared to the previous year. The operating profit percentage was at 28.2 % (EBIT: 84.5 mDKK), while net earnings were 70.6 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 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. DIN Forsyning Spildevand A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 272.06 | 285.00 | 288.57 | 272.94 | 299.59 |
Gross profit | 113.64 | 137.60 | 132.20 | 100.03 | 102.50 |
EBIT | 102.16 | 125.26 | 113.94 | 83.20 | 84.53 |
Net earnings | 96.80 | 120.10 | 108.02 | 72.69 | 70.61 |
Shareholders equity total | 2 568.34 | 2 661.12 | 2 787.67 | 2 858.02 | 2 928.21 |
Balance sheet total (assets) | 2 999.96 | 3 188.56 | 3 351.16 | 3 505.05 | 3 671.50 |
Net debt | 558.17 | 643.47 | |||
Profitability | |||||
EBIT-% | 37.5 % | 43.9 % | 39.5 % | 30.5 % | 28.2 % |
ROA | 3.5 % | 4.0 % | 3.5 % | 2.5 % | 2.5 % |
ROE | 3.9 % | 4.6 % | 4.0 % | 2.6 % | 2.4 % |
ROI | 3.5 % | 4.0 % | 3.5 % | 2.6 % | 2.6 % |
Economic value added (EVA) | -20.52 | -3.80 | -19.78 | -56.88 | -80.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 81.5 % | 79.8 % |
Gearing | 19.5 % | 22.0 % | |||
Relative net indebtedness % | 237.1 % | 248.1 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | |||
Current ratio | 0.5 | 0.6 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.3 | 12.4 | |||
Net working capital % | -40.9 % | -35.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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