EPICO-IT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 323.89 | 395.57 | 514.55 | 585.75 | 539.23 |
Gross profit | 52.77 | 52.77 | 95.68 | 106.06 | 80.16 |
EBIT | 3.25 | 3.25 | 16.08 | 17.47 | 9.95 |
Net earnings | 1.17 | 1.17 | 14.44 | 14.95 | 7.97 |
Shareholders equity total | 11.26 | 15.99 | 23.40 | 33.65 | 36.67 |
Balance sheet total (assets) | 102.66 | 106.58 | 142.35 | 146.69 | 141.75 |
Net debt | -11.89 | -0.20 | |||
Profitability | |||||
EBIT-% | 1.0 % | 0.8 % | 3.1 % | 3.0 % | 1.8 % |
ROA | 3.5 % | 3.1 % | 12.9 % | 13.7 % | 7.6 % |
ROE | 10.2 % | 8.6 % | 73.3 % | 52.4 % | 22.7 % |
ROI | 5.0 % | 3.1 % | 12.9 % | 22.5 % | 30.9 % |
Economic value added (EVA) | 3.05 | 2.68 | 15.28 | 12.26 | 6.99 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 22.9 % | 25.9 % |
Gearing | 1.1 % | ||||
Relative net indebtedness % | 17.2 % | 19.5 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | |||
Current ratio | 1.2 | 1.2 | |||
Cash and cash equivalents | 12.27 | 0.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.0 | 75.5 | |||
Net working capital % | 3.7 % | 4.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB |
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