Equinor Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Equinor Danmark A/S
Equinor Danmark A/S (CVR number: 56151419) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -226 kDKK, while net earnings were 67 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Equinor Danmark A/S's liquidity measured by quick ratio was 53.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 114 401.00 | ||||
Gross profit | 114 401.00 | ||||
EBIT | - 241.00 | 1 565 540.00 | 114 106.00 | - 256.00 | - 226.00 |
Net earnings | 641 831.00 | -1 565 526.00 | - 182 301.00 | 14 155.00 | 66 979.00 |
Shareholders equity total | 4 554 098.00 | 2 988 572.00 | 2 806 271.00 | 2 820 426.00 | 2 887 405.00 |
Balance sheet total (assets) | 4 554 133.00 | 2 988 573.00 | 2 806 306.00 | 2 824 492.00 | 2 939 543.00 |
Net debt | 35.00 | 35.00 | 26 359.00 | ||
Profitability | |||||
EBIT-% | 99.7 % | ||||
ROA | 13.2 % | 0.0 % | 3.9 % | 0.9 % | 2.4 % |
ROE | 15.2 % | -41.5 % | -6.3 % | 0.5 % | 2.3 % |
ROI | 13.2 % | 0.0 % | 3.9 % | 0.9 % | 2.4 % |
Economic value added (EVA) | - 477.99 | 1 216 253.87 | 109 588.58 | - 141 214.80 | - 141 959.92 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 99.9 % | 98.2 % |
Gearing | 0.0 % | 0.0 % | 0.9 % | ||
Relative net indebtedness % | 0.0 % | ||||
Liquidity | |||||
Quick ratio | 1 138.5 | 73 573.0 | 76 618.3 | 662.1 | 53.9 |
Current ratio | 1 138.5 | 73 573.0 | 76 618.3 | 662.1 | 53.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2344.0 % | ||||
Credit risk | |||||
Credit rating | A | BBB | BB | A | A |
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