EET GROUP A/S

CVR number: 11783376
Bregnerødvej 133 D, 3460 Birkerød
tel: 45821615

Credit rating

Company information

Official name
EET GROUP A/S
Personnel
227 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

EET GROUP A/S (CVR number: 11783376) is a company from RUDERSDAL. The company reported a net sales of 3039.1 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was poor at -1.4 % (EBIT: -42.2 mDKK), while net earnings were 25 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. EET GROUP A/S's liquidity measured by quick ratio was 0.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales2 145.752 363.642 927.823 127.433 039.14
Gross profit143.44153.47199.02194.28158.13
EBIT7.2710.3733.17-32.24-42.22
Net earnings46.2994.70138.0265.3825.01
Shareholders equity total485.89575.01684.55799.78804.50
Balance sheet total (assets)1 241.141 424.441 693.642 011.832 182.52
Net debt269.14242.48
Profitability
EBIT-%0.3 %0.4 %1.1 %-1.0 %-1.4 %
ROA0.6 %0.8 %2.1 %4.9 %2.7 %
ROE10.0 %17.9 %21.9 %8.8 %3.1 %
ROI0.7 %0.8 %2.1 %6.3 %4.3 %
Economic value added (EVA)-2.43-14.054.28-71.02-10.29
Solvency
Equity ratio100.0 %100.0 %100.0 %39.8 %36.9 %
Gearing51.0 %71.9 %
Relative net indebtedness %33.5 %33.0 %
Liquidity
Quick ratio0.60.6
Current ratio1.11.0
Cash and cash equivalents138.84336.07
Capital use efficiency
Trade debtors turnover (days)0.60.4
Net working capital %1.3 %-1.3 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.74%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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