Edvars & Edvars Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38269224
Ahlgade 1 C, 4300 Holbæk

Credit rating

Company information

Official name
Edvars & Edvars Holding ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Edvars & Edvars Holding ApS

Edvars & Edvars Holding ApS (CVR number: 38269224) is a company from HOLBÆK. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 54.2 % compared to the previous year. The operating profit percentage was at 82.1 % (EBIT: 0 mDKK), while net earnings were 46.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Edvars & Edvars Holding ApS's liquidity measured by quick ratio was 2.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales13.00115.0038.0058.60
Gross profit146.009.00111.0032.0048.10
EBIT146.009.00111.0032.0048.10
Net earnings138.007.00107.0026.0046.20
Shareholders equity total2 310.002 197.002 143.001 844.001 705.92
Balance sheet total (assets)2 314.002 201.002 760.002 044.001 962.46
Net debt- 500.00- 456.00- 963.00- 715.00- 526.42
Profitability
EBIT-%69.2 %96.5 %84.2 %82.1 %
ROA6.3 %0.4 %4.5 %1.3 %2.4 %
ROE6.0 %0.3 %4.9 %1.3 %2.6 %
ROI6.3 %0.4 %5.1 %1.6 %2.7 %
Economic value added (EVA)47.65-54.53100.5061.2847.65
Solvency
Equity ratio99.8 %99.8 %77.6 %90.2 %86.9 %
Gearing0.3 %0.4 %0.2 %
Relative net indebtedness %-3476.9 %-307.0 %-1376.3 %-465.9 %
Liquidity
Quick ratio189.3147.01.74.12.6
Current ratio189.3147.01.74.12.6
Cash and cash equivalents500.00456.00970.00723.00529.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4492.3 %368.7 %1555.3 %672.5 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:2.40%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.9%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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