E.A.T TIMBER & TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About E.A.T TIMBER & TRADING ApS
E.A.T TIMBER & TRADING ApS (CVR number: 26939747) is a company from VEJLE. The company recorded a gross profit of -72.1 kDKK in 2023. The operating profit was -112.7 kDKK, while net earnings were -157.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. E.A.T TIMBER & TRADING ApS's liquidity measured by quick ratio was 57.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.38 | -4.96 | -5.24 | -5.27 | -72.05 |
EBIT | -7.38 | -4.96 | -5.24 | -5.27 | - 112.72 |
Net earnings | 230.11 | 120.17 | 267.84 | - 328.31 | - 157.08 |
Shareholders equity total | 2 582.40 | 2 541.58 | 2 696.42 | 2 253.71 | 1 978.84 |
Balance sheet total (assets) | 2 616.80 | 2 570.03 | 2 779.96 | 2 281.42 | 2 013.80 |
Net debt | -2 100.98 | -2 567.08 | -2 777.01 | -2 250.66 | -1 950.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 5.4 % | 12.9 % | -0.2 % | 0.6 % |
ROE | 8.8 % | 4.7 % | 10.2 % | -13.3 % | -7.4 % |
ROI | 9.8 % | 5.5 % | 13.1 % | -0.2 % | 0.6 % |
Economic value added (EVA) | -23.32 | -9.92 | -2.66 | -1.07 | - 111.73 |
Solvency | |||||
Equity ratio | 98.7 % | 98.9 % | 97.0 % | 98.8 % | 98.3 % |
Gearing | 0.1 % | 0.1 % | 0.1 % | 1.0 % | 1.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 61.4 | 90.3 | 33.3 | 82.3 | 57.6 |
Current ratio | 61.4 | 90.3 | 33.3 | 82.3 | 57.6 |
Cash and cash equivalents | 2 103.93 | 2 570.03 | 2 779.96 | 2 273.37 | 1 979.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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