EET GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 11783376
Bregnerødvej 133 D, 3460 Birkerød
tel: 45821919

Company information

Official name
EET GROUP A/S
Personnel
234 persons
Established
1987
Company form
Limited company
Industry

About EET GROUP A/S

EET GROUP A/S (CVR number: 11783376) is a company from RUDERSDAL. The company reported a net sales of 3352.2 mDKK in 2024, demonstrating a growth of 10.3 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 16.6 mDKK), while net earnings were 78.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40 %, 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 0.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 363.642 927.823 127.433 039.143 352.17
Gross profit153.47199.02194.28158.13226.06
EBIT10.3733.17-32.24-42.2216.55
Net earnings94.70138.0265.3825.0178.95
Shareholders equity total575.01684.55799.78804.50880.42
Balance sheet total (assets)1 424.441 693.642 011.832 182.522 201.81
Net debt242.48456.61
Profitability
EBIT-%0.4 %1.1 %-1.0 %-1.4 %0.5 %
ROA0.8 %2.1 %-1.7 %2.7 %5.8 %
ROE17.9 %21.9 %8.8 %3.1 %9.4 %
ROI0.8 %2.1 %-1.7 %3.3 %8.8 %
Economic value added (EVA)-14.054.28-66.63-77.87-59.71
Solvency
Equity ratio100.0 %100.0 %100.0 %36.9 %40.0 %
Gearing71.9 %66.8 %
Relative net indebtedness %33.0 %35.1 %
Liquidity
Quick ratio0.60.5
Current ratio0.90.7
Cash and cash equivalents336.07131.25
Capital use efficiency
Trade debtors turnover (days)0.40.4
Net working capital %-2.1 %-8.4 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:5.81%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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