EPICO-IT A/S — Credit Rating and Financial Key Figures

CVR number: 32466249
Borupvang 2 C, 2750 Ballerup

Credit rating

Company information

Official name
EPICO-IT A/S
Personnel
123 persons
Established
2009
Company form
Limited company
Industry

About EPICO-IT A/S

EPICO-IT A/S (CVR number: 32466249) is a company from BALLERUP. The company reported a net sales of 539.2 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 10 mDKK), while net earnings were 7966.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EPICO-IT A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales323.89395.57514.55585.75539.23
Gross profit52.7752.7795.68106.0680.16
EBIT3.253.2516.0817.479.95
Net earnings1.171.1714.4414.957.97
Shareholders equity total11.2615.9923.4033.6536.67
Balance sheet total (assets)102.66106.58142.35146.69141.75
Net debt-11.89-0.20
Profitability
EBIT-%1.0 %0.8 %3.1 %3.0 %1.8 %
ROA3.5 %3.1 %12.9 %13.7 %7.6 %
ROE10.2 %8.6 %73.3 %52.4 %22.7 %
ROI5.0 %3.1 %12.9 %22.5 %30.9 %
Economic value added (EVA)3.052.6815.2812.266.99
Solvency
Equity ratio100.0 %100.0 %100.0 %22.9 %25.9 %
Gearing1.1 %
Relative net indebtedness %17.2 %19.5 %
Liquidity
Quick ratio1.21.2
Current ratio1.21.2
Cash and cash equivalents12.270.20
Capital use efficiency
Trade debtors turnover (days)73.075.5
Net working capital %3.7 %4.1 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:7.57%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer
Chairman of the board

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