ECCO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ECCO HOLDING A/S
ECCO HOLDING A/S (CVR number: 20096098) is a company from TØNDER. The company reported a net sales of 13.7 mDKK in 2024, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was poor at -4199.6 % (EBIT: -574.5 mDKK), while net earnings were -411.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ECCO HOLDING A/S's liquidity measured by quick ratio was 6.4 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 financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 14 306.00 | 13 681.00 |
Gross profit | 39 936.00 | 532 965.00 |
EBIT | -5 480.00 | - 574 548.00 |
Net earnings | 132 340.00 | - 411 472.00 |
Shareholders equity total | 5 980 427.00 | 5 632 676.00 |
Balance sheet total (assets) | 6 221 862.00 | 5 889 186.00 |
Net debt | - 952 851.00 | - 949 455.00 |
Profitability | ||
EBIT-% | -38.3 % | -4199.6 % |
ROA | 2.8 % | -5.9 % |
ROE | 2.2 % | -7.1 % |
ROI | 2.8 % | -5.9 % |
Economic value added (EVA) | -4 827.45 | - 924 612.73 |
Solvency | ||
Equity ratio | 96.1 % | 95.6 % |
Gearing | 3.2 % | 3.3 % |
Relative net indebtedness % | -6300.2 % | -6421.2 % |
Liquidity | ||
Quick ratio | 5.6 | 6.4 |
Current ratio | 5.6 | 6.4 |
Cash and cash equivalents | 1 142 698.00 | 1 134 997.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 1.7 | 2.0 |
Net working capital % | -123.0 % | 2272.4 % |
Credit risk | ||
Credit rating | AAA | A |
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