North Sea Energy Island A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About North Sea Energy Island A/S
North Sea Energy Island A/S (CVR number: 42421650) is a company from FREDERICIA. The company recorded a gross profit of -545 kDKK in 2024. The operating profit was -545 kDKK, while net earnings were -17.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -45.5 %, which can be considered poor and Return on Equity (ROE) was -77.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. North Sea Energy Island A/S's liquidity measured by quick ratio was 304.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -4 545.00 | -10 138.00 | 15 077.00 | - 545.00 |
EBIT | -4 545.00 | -10 138.00 | 15 077.00 | - 545.00 |
Net earnings | -3 555.00 | -7 859.00 | 12 120.00 | -17 165.00 |
Shareholders equity total | 26 445.00 | 18 586.00 | 30 706.00 | 13 541.00 |
Balance sheet total (assets) | 27 675.00 | 19 404.00 | 60 471.00 | 13 584.00 |
Net debt | 1 176.00 | 709.00 | 17 913.00 | 43.00 |
Profitability | ||||
EBIT-% | ||||
ROA | -16.4 % | -42.8 % | 38.9 % | -45.5 % |
ROE | -13.4 % | -34.9 % | 49.2 % | -77.6 % |
ROI | -16.5 % | -42.9 % | 45.8 % | -54.1 % |
Economic value added (EVA) | -3 544.86 | -9 296.10 | 10 790.08 | -2 928.18 |
Solvency | ||||
Equity ratio | 95.6 % | 95.8 % | 50.8 % | 99.7 % |
Gearing | 4.4 % | 3.8 % | 58.3 % | 0.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 22.5 | 23.7 | 1.5 | 304.7 |
Current ratio | 22.5 | 23.7 | 1.5 | 304.7 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | A | BB |
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