EDC 618 GILBJERG & MADSEN ApS
Credit rating
Company information
About EDC 618 GILBJERG & MADSEN ApS
EDC 618 GILBJERG & MADSEN ApS (CVR number: 32064116) is a company from ESBJERG. The company recorded a gross profit of 2005.5 kDKK in 2023. The operating profit was -44.6 kDKK, while net earnings were 27.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. EDC 618 GILBJERG & MADSEN ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 345.71 | 2 312.81 | 3 528.95 | 1 050.66 | 2 005.50 |
EBIT | 584.18 | 524.89 | 1 531.40 | - 617.66 | -44.57 |
Net earnings | 436.56 | 447.43 | 1 224.70 | - 423.72 | 27.21 |
Shareholders equity total | 583.58 | 731.01 | 1 355.72 | 931.99 | 959.20 |
Balance sheet total (assets) | 1 352.05 | 1 877.57 | 2 341.07 | 2 258.30 | 2 360.25 |
Net debt | 26.40 | - 595.13 | - 363.28 | 792.89 | 630.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 55.6 % | 35.8 % | 76.3 % | -23.3 % | 9.3 % |
ROE | 119.5 % | 68.1 % | 117.4 % | -37.0 % | 2.9 % |
ROI | 121.6 % | 84.2 % | 153.8 % | -34.7 % | 12.9 % |
Economic value added (EVA) | 436.38 | 386.26 | 1 184.36 | - 522.52 | -78.48 |
Solvency | |||||
Equity ratio | 43.2 % | 38.9 % | 57.9 % | 41.3 % | 40.6 % |
Gearing | 4.5 % | 85.1 % | 65.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.7 | 1.2 | 1.2 |
Current ratio | 0.9 | 1.0 | 1.7 | 1.2 | 1.2 |
Cash and cash equivalents | 595.13 | 363.28 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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