EDC FINANS AF 1.1. 2006 ApS — Credit Rating and Financial Key Figures

CVR number: 29424721
Torvet 4, 6800 Varde

Credit rating

Company information

Official name
EDC FINANS AF 1.1. 2006 ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About EDC FINANS AF 1.1. 2006 ApS

EDC FINANS AF 1.1. 2006 ApS (CVR number: 29424721) is a company from VARDE. The company recorded a gross profit of 976.3 kDKK in 2023. The operating profit was 140.7 kDKK, while net earnings were 125.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EDC FINANS AF 1.1. 2006 ApS's liquidity measured by quick ratio was 2.3 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 profit905.911 117.631 075.891 127.21976.28
EBIT98.72245.94187.96303.05140.72
Net earnings67.39177.20125.72220.49125.14
Shareholders equity total901.351 078.551 204.261 424.751 549.88
Balance sheet total (assets)1 755.342 502.472 102.582 444.652 758.91
Net debt-1 755.34-2 416.64-2 102.58-2 444.65-2 714.59
Profitability
EBIT-%
ROA6.1 %11.6 %8.2 %13.3 %6.4 %
ROE7.8 %17.9 %11.0 %16.8 %8.4 %
ROI11.2 %23.5 %15.9 %23.1 %11.2 %
Economic value added (EVA)108.78234.24217.74280.47158.22
Solvency
Equity ratio54.9 %45.4 %62.2 %62.8 %56.2 %
Gearing8.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.92.92.92.3
Current ratio2.11.82.32.42.3
Cash and cash equivalents1 755.342 502.472 102.582 444.652 714.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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