Electricon A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Electricon A/S
Electricon A/S (CVR number: 40831665) is a company from IKAST-BRANDE. The company recorded a gross profit of 14.2 mDKK in 2024. The operating profit was -2576.1 kDKK, while net earnings were -2251.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.2 %, which can be considered poor and Return on Equity (ROE) was -85.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Electricon A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 319.58 | 12 269.57 | 15 573.58 | 12 860.58 | 14 242.85 |
EBIT | 1 131.18 | 1 745.62 | 1 571.47 | -1 835.87 | -2 576.14 |
Net earnings | 807.44 | 1 304.01 | 1 147.54 | -1 512.97 | -2 251.36 |
Shareholders equity total | 3 307.44 | 4 111.45 | 5 258.99 | 3 746.03 | 1 494.67 |
Balance sheet total (assets) | 6 975.99 | 11 346.76 | 13 576.41 | 11 486.96 | 11 751.32 |
Net debt | -2 073.10 | -1 239.95 | 1 371.81 | 979.68 | 5 993.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.2 % | 19.1 % | 12.6 % | -14.6 % | -22.2 % |
ROE | 24.4 % | 35.2 % | 24.5 % | -33.6 % | -85.9 % |
ROI | 26.4 % | 36.8 % | 23.3 % | -25.6 % | -36.8 % |
Economic value added (EVA) | 874.66 | 1 299.49 | 1 081.64 | -1 692.55 | -2 202.27 |
Solvency | |||||
Equity ratio | 47.4 % | 36.2 % | 38.7 % | 32.6 % | 28.7 % |
Gearing | 26.1 % | 26.2 % | 401.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.7 | 1.7 | 1.3 | 1.3 |
Current ratio | 2.4 | 1.8 | 1.9 | 1.7 | 1.6 |
Cash and cash equivalents | 2 073.10 | 1 239.95 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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