ELECTRO ENERGY A/S

CVR number: 63305014
Gamle Landevej 2, 2600 Glostrup

Credit rating

Company information

Official name
ELECTRO ENERGY A/S
Established
1964
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

ELECTRO ENERGY A/S (CVR number: 63305014) is a company from ALBERTSLUND. The company recorded a gross profit of 28.9 mDKK in 2023. The operating profit was 7856 kDKK, while net earnings were 6720 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ELECTRO ENERGY A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit25 132.0029 140.0027 895.0025 026.0028 916.00
EBIT8 948.0010 998.0010 130.007 984.007 856.00
Net earnings6 945.008 539.007 719.006 182.006 720.00
Shareholders equity total123 412.00131 951.00139 670.00145 852.00152 572.00
Balance sheet total (assets)147 863.00159 149.00165 230.00178 655.00172 439.00
Net debt10 782.004 085.002 145.002 055.001 476.00
Profitability
EBIT-%
ROA6.3 %7.2 %6.2 %4.6 %5.3 %
ROE5.8 %6.7 %5.7 %4.3 %4.5 %
ROI6.9 %8.1 %7.2 %5.5 %6.1 %
Economic value added (EVA)1 118.602 651.421 178.33- 784.09-1 477.20
Solvency
Equity ratio82.9 %82.9 %84.5 %81.6 %88.5 %
Gearing8.8 %3.2 %1.6 %1.5 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.24.95.94.37.0
Current ratio5.95.77.05.69.8
Cash and cash equivalents115.00133.00141.00123.00121.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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