EDC AROS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDC AROS A/S
EDC AROS A/S (CVR number: 28288433) is a company from AARHUS. The company recorded a gross profit of 1838.9 kDKK in 2023. The operating profit was -1194.7 kDKK, while net earnings were -1719.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -60.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. EDC AROS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 933.21 | 1 951.51 | 2 063.15 | 1 799.30 | 1 838.88 |
EBIT | - 584.30 | -1 229.16 | - 837.62 | - 697.74 | -1 194.74 |
Net earnings | 2 895.08 | 3 624.79 | 3 442.42 | - 492.45 | -1 719.71 |
Shareholders equity total | 3 645.08 | 5 869.87 | 4 192.42 | 3 699.97 | 1 980.25 |
Balance sheet total (assets) | 22 005.40 | 27 843.93 | 25 034.47 | 19 079.49 | 17 369.73 |
Net debt | 13 472.66 | 17 089.83 | 19 542.67 | 14 246.06 | 13 331.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.0 % | 15.0 % | 14.7 % | -0.9 % | -6.1 % |
ROE | 96.3 % | 76.2 % | 68.4 % | -12.5 % | -60.6 % |
ROI | 14.3 % | 16.3 % | 15.7 % | -0.9 % | -6.3 % |
Economic value added (EVA) | - 282.95 | - 691.28 | - 767.25 | - 263.56 | - 900.53 |
Solvency | |||||
Equity ratio | 16.6 % | 21.1 % | 16.7 % | 29.9 % | 22.9 % |
Gearing | 456.1 % | 338.3 % | 467.5 % | 385.8 % | 673.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.3 | 0.6 | 0.7 |
Current ratio | 0.7 | 0.5 | 0.3 | 0.6 | 0.7 |
Cash and cash equivalents | 3 151.71 | 2 765.51 | 56.32 | 26.90 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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