Echelon ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Echelon ApS
Echelon ApS (CVR number: 35232745) is a company from VEJEN. The company recorded a gross profit of -11.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were 123.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 422 %, which can be considered excellent and Return on Equity (ROE) was 1303.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. Echelon ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 266.78 | -4.87 | -7.87 | -14.38 | -11.09 |
| EBIT | - 258.02 | -4.87 | -7.87 | -14.38 | -11.09 |
| Net earnings | - 258.31 | -5.66 | -9.56 | 60.62 | 123.91 |
| Shareholders equity total | 0.60 | -5.06 | -14.61 | -14.99 | 15.84 |
| Balance sheet total (assets) | 28.08 | 13.04 | 3.48 | 3.16 | 40.56 |
| Net debt | -18.08 | -9.93 | 17.72 | 17.22 | -38.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -163.5 % | -21.1 % | -43.5 % | 334.4 % | 422.0 % |
| ROE | -199.1 % | -83.0 % | -115.7 % | 1824.0 % | 1303.8 % |
| ROI | -198.8 % | -1609.9 % | -87.0 % | 335.0 % | 730.2 % |
| Economic value added (EVA) | - 271.03 | -4.90 | -7.61 | -14.56 | -11.24 |
| Solvency | |||||
| Equity ratio | 2.2 % | -27.9 % | -80.8 % | -82.6 % | 39.1 % |
| Gearing | -123.8 % | -120.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.7 | 0.2 | 0.2 | 1.6 |
| Current ratio | 1.0 | 0.7 | 0.2 | 0.2 | 1.6 |
| Cash and cash equivalents | 18.08 | 9.93 | 0.38 | 0.87 | 38.27 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | B | B |
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