ECCO MIDDLE EAST A/S — Credit Rating and Financial Key Figures

CVR number: 30713354
Industrivej 5, 6261 Bredebro
tel: 74911625

Credit rating

Company information

Official name
ECCO MIDDLE EAST A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ECCO MIDDLE EAST A/S

ECCO MIDDLE EAST A/S (CVR number: 30713354) is a company from TØNDER. The company recorded a gross profit of 42.7 mDKK in 2023. The operating profit was 31.9 mDKK, while net earnings were 31.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ECCO MIDDLE EAST A/S's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit31 219.4642 690.03
EBIT19 762.8331 909.87
Net earnings18 478.1431 804.45
Shareholders equity total46 353.0034 821.0020 825.0043 445.1370 480.92
Balance sheet total (assets)105 499.00100 793.00137 148.00126 165.73136 190.21
Net debt79 906.8454 964.27
Profitability
EBIT-%
ROA15.0 %24.5 %
ROE57.5 %55.8 %
ROI15.0 %24.5 %
Economic value added (EVA)-2 620.89-2 329.24-1 749.7618 716.3829 872.26
Solvency
Equity ratio100.0 %100.0 %100.0 %34.4 %51.8 %
Gearing189.7 %93.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.8
Current ratio1.52.0
Cash and cash equivalents2 487.0810 745.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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