ELECTRO ENERGY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ELECTRO ENERGY A/S
ELECTRO ENERGY A/S (CVR number: 63305014) is a company from ALBERTSLUND. The company recorded a gross profit of 19.2 mDKK in 2024. The operating profit was -2633 kDKK, while net earnings were 232 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.4 %, 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 8.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29 140.00 | 27 895.00 | 25 026.00 | 28 916.00 | 19 200.00 |
EBIT | 10 998.00 | 10 130.00 | 7 984.00 | 7 856.00 | -2 633.00 |
Net earnings | 8 539.00 | 7 719.00 | 6 182.00 | 6 720.00 | 232.00 |
Shareholders equity total | 131 951.00 | 139 670.00 | 145 852.00 | 152 572.00 | 152 804.00 |
Balance sheet total (assets) | 159 149.00 | 165 230.00 | 178 655.00 | 172 439.00 | 169 005.00 |
Net debt | 4 085.00 | 2 145.00 | 2 055.00 | 1 476.00 | 1 727.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 6.2 % | 4.6 % | 5.3 % | 0.5 % |
ROE | 6.7 % | 5.7 % | 4.3 % | 4.5 % | 0.2 % |
ROI | 8.1 % | 7.2 % | 5.5 % | 6.1 % | 0.5 % |
Economic value added (EVA) | 2 651.42 | 1 178.33 | - 784.09 | -1 477.20 | -9 530.09 |
Solvency | |||||
Equity ratio | 82.9 % | 84.5 % | 81.6 % | 88.5 % | 90.4 % |
Gearing | 3.2 % | 1.6 % | 1.5 % | 1.0 % | 1.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 5.9 | 4.3 | 7.0 | 8.5 |
Current ratio | 5.7 | 7.0 | 5.6 | 9.8 | 11.4 |
Cash and cash equivalents | 133.00 | 141.00 | 123.00 | 121.00 | 132.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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