ET HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20620501
Søndergade 48, Assens 9550 Mariager

Company information

Official name
ET HOLDING ApS
Established
1997
Domicile
Assens
Company form
Private limited company
Industry

About ET HOLDING ApS

ET HOLDING ApS (CVR number: 20620501) is a company from MARIAGERFJORD. The company recorded a gross profit of 673.5 kDKK in 2023. The operating profit was 537.3 kDKK, while net earnings were 1092.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ET HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit634.27717.78591.16811.22673.50
EBIT503.83587.34444.74675.05537.33
Net earnings1 589.181 212.041 035.16899.161 092.73
Shareholders equity total29 852.7221 064.7621 099.9220 999.0821 091.81
Balance sheet total (assets)30 318.3725 221.6625 776.3324 606.2024 458.71
Net debt-9 687.55- 317.88231.89- 819.09-1 259.98
Profitability
EBIT-%
ROA6.4 %5.5 %4.9 %4.5 %5.5 %
ROE5.5 %4.8 %4.9 %4.3 %5.2 %
ROI6.5 %5.5 %4.9 %4.6 %5.6 %
Economic value added (EVA)-89.07-55.27-22.91167.1936.72
Solvency
Equity ratio98.5 %83.5 %81.9 %85.3 %86.2 %
Gearing0.7 %17.9 %20.0 %14.8 %13.5 %
Relative net indebtedness %
Liquidity
Quick ratio37.41.10.91.21.3
Current ratio37.41.10.91.21.3
Cash and cash equivalents9 899.184 079.363 984.153 929.234 097.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.49%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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