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

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 937.6 kDKK in 2024. The operating profit was 56.2 kDKK, while net earnings were 82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 117.631 075.891 127.21976.28937.60
EBIT245.94187.96303.05140.7256.21
Net earnings177.20125.72220.49125.1482.64
Shareholders equity total1 078.551 204.261 424.751 549.881 632.52
Balance sheet total (assets)2 502.472 102.582 444.653 029.193 094.81
Net debt-2 416.64-2 102.58-2 444.65-2 714.59-2 907.15
Profitability
EBIT-%
ROA11.6 %8.2 %13.3 %6.1 %3.6 %
ROE17.9 %11.0 %16.8 %8.4 %5.2 %
ROI23.5 %15.9 %23.1 %11.2 %6.9 %
Economic value added (EVA)234.24217.74280.47158.22100.68
Solvency
Equity ratio45.4 %62.2 %62.8 %56.2 %58.2 %
Gearing8.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.92.92.52.6
Current ratio1.82.32.42.02.1
Cash and cash equivalents2 502.472 102.582 444.652 714.592 907.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.60%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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