ETG HOLDING ApS

CVR number: 28511043
Rodelundvej 4, 8680 Ry

Credit rating

Company information

Official name
ETG HOLDING ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ETG HOLDING ApS

ETG HOLDING ApS (CVR number: 28511043K) is a company from SKANDERBORG. The company recorded a gross profit of 26.9 mDKK in 2023. The operating profit was -7335.6 kDKK, while net earnings were -8697.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.2 %, 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. ETG HOLDING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit45 805.2634 406.2426 926.97
EBIT24 780.126 399.22-7 335.58
Net earnings22 342.853 441.44-8 697.35
Shareholders equity total42 027.2343 468.6735 122.62
Balance sheet total (assets)22.0166 872.1597 656.4372 849.28
Net debt-22.01-11 205.4231 965.3026 620.11
Profitability
EBIT-%
ROA84.0 %8.1 %-8.9 %
ROE133.7 %10.1 %-27.4 %
ROI131.8 %11.1 %-10.7 %
Economic value added (EVA)19 322.722 548.76-8 594.59
Solvency
Equity ratio64.3 %44.5 %48.2 %
Gearing1.1 %76.1 %83.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.40.3
Current ratio2.31.51.4
Cash and cash equivalents22.0111 682.141 117.802 715.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-8.87%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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