EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S

CVR number: 34601240
Emil Aarestrups Gade 3, 4990 Sakskøbing
ks@ecrtechnology.com
tel: 70702902

Credit rating

Company information

Official name
EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S
Established
2012
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About the company

EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S (CVR number: 34601240) is a company from GULDBORGSUND. The company recorded a gross profit of 6 kDKK in 2022. The operating profit was -259.6 kDKK, while net earnings were -206.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S's liquidity measured by quick ratio was 33 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
20182019202020212022
Volume
Net sales
Gross profit- 175.00847.10200.73396.255.98
EBIT- 215.00806.83214.62315.02- 259.58
Net earnings- 656.00889.23213.85292.54- 206.16
Shareholders equity total-1 899.00-1 010.29- 796.43- 503.90- 710.06
Balance sheet total (assets)368.00296.79518.691 304.271 047.80
Net debt2 200.00780.34857.091 145.341 647.97
Profitability
EBIT-%
ROA-9.0 %45.1 %16.4 %20.2 %-13.3 %
ROE-79.9 %267.5 %52.4 %32.1 %-17.5 %
ROI-9.3 %53.4 %24.0 %23.7 %-13.8 %
Economic value added (EVA)-65.061 011.95267.53404.14- 148.47
Solvency
Equity ratio-83.8 %-77.3 %-80.2 %-27.9 %-40.4 %
Gearing-115.9 %-81.4 %-121.6 %-335.8 %-243.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.213.75.433.0
Current ratio0.10.21.05.433.0
Cash and cash equivalents1.0042.54111.50546.7283.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-13.3%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-40.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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