EURO TIMBER FINANS A/S

CVR number: 32299008
Middelfartvej 435, Vejrup 5491 Blommenslyst
tel: 63930028

Credit rating

Company information

Official name
EURO TIMBER FINANS A/S
Established
2009
Domicile
Vejrup
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About EURO TIMBER FINANS A/S

EURO TIMBER FINANS A/S (CVR number: 32299008) is a company from ODENSE. The company recorded a gross profit of 1260.9 kDKK in 2022. The operating profit was 879.1 kDKK, while net earnings were 284.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -79.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EURO TIMBER FINANS A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit672.77-1 677.0093.861 421.051 260.93
EBIT299.87-2 503.0085.241 416.98879.07
Net earnings288.05-2 631.00-1 717.43590.43284.48
Shareholders equity total2 064.49- 567.00-7 355.37-6 765.95-6 481.47
Balance sheet total (assets)7 895.357 905.002 713.181 507.321 630.10
Net debt2 514.854 339.006 534.966 341.186 936.19
Profitability
EBIT-%
ROA6.7 %-29.9 %1.8 %19.6 %11.1 %
ROE15.0 %-52.8 %-32.3 %28.0 %18.1 %
ROI12.7 %-54.9 %3.0 %26.5 %13.0 %
Economic value added (EVA)144.96-2 614.37113.731 786.591 219.06
Solvency
Equity ratio26.1 %-6.7 %-73.1 %-81.8 %-79.9 %
Gearing121.8 %-765.3 %-88.8 %-93.7 %-107.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.50.00.00.0
Current ratio1.40.90.30.20.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-79.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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