EC POWER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EC POWER A/S
EC POWER A/S (CVR number: 19228509) is a company from FAVRSKOV. The company recorded a gross profit of 56.9 mDKK in 2023. The operating profit was -4638.9 kDKK, while net earnings were -2979.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EC POWER A/S's liquidity measured by quick ratio was 1.7 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 | 69 226.00 | 74 192.00 | 82 555.00 | 81 017.06 | 56 853.85 |
EBIT | 14 026.00 | 15 681.00 | 22 349.00 | 16 596.80 | -4 638.86 |
Net earnings | 10 180.00 | 12 120.00 | 17 080.00 | 13 592.59 | -2 979.78 |
Shareholders equity total | 91 754.00 | 96 168.00 | 105 897.00 | 101 943.51 | 98 845.67 |
Balance sheet total (assets) | 124 879.00 | 126 811.00 | 141 572.00 | 141 741.68 | 133 273.55 |
Net debt | -30 818.69 | -17 208.02 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 12.9 % | -2.0 % | |||
ROE | 13.1 % | -3.0 % | |||
ROI | 14.5 % | -2.5 % | |||
Economic value added (EVA) | 10 973.92 | 11 070.36 | 17 516.56 | 7 464.19 | -6 970.08 |
Solvency | |||||
Equity ratio | 71.9 % | 74.2 % | |||
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.7 | |||
Current ratio | 4.8 | 5.3 | |||
Cash and cash equivalents | 30 818.69 | 17 208.02 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB |
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