ETH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETH HOLDING ApS
ETH HOLDING ApS (CVR number: 25775767) is a company from KOLDING. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -6.6 kDKK, while net earnings were -534.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.2 %, which can be considered poor and Return on Equity (ROE) was -42.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ETH HOLDING ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.70 | -2.70 | -2.70 | -2.70 | -6.58 |
EBIT | -2.70 | -2.70 | -2.70 | -2.70 | -6.58 |
Net earnings | 11.29 | 59.02 | -14.82 | - 127.71 | - 534.27 |
Shareholders equity total | 565.98 | 625.00 | 610.18 | 482.48 | -51.79 |
Balance sheet total (assets) | 3 350.53 | 3 375.99 | 3 317.14 | 3 242.65 | 2 037.58 |
Net debt | 2 777.98 | 2 743.89 | 2 699.18 | 2 752.36 | 2 078.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | 2.6 % | 0.4 % | -3.1 % | -19.2 % |
ROE | 2.0 % | 9.9 % | -2.4 % | -23.4 % | -42.4 % |
ROI | 1.1 % | 2.6 % | 0.4 % | -3.1 % | -19.2 % |
Economic value added (EVA) | 47.06 | 48.42 | 52.19 | 52.24 | 48.77 |
Solvency | |||||
Equity ratio | 16.9 % | 18.5 % | 18.4 % | 14.9 % | -2.5 % |
Gearing | 491.5 % | 439.8 % | 443.2 % | 571.6 % | -4025.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 |
Current ratio | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 4.06 | 4.60 | 5.28 | 5.31 | 6.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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