Edvars & Edvars Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13.00 | 115.00 | 38.00 | 58.60 | |
Gross profit | 146.00 | 9.00 | 111.00 | 32.00 | 48.10 |
EBIT | 146.00 | 9.00 | 111.00 | 32.00 | 48.10 |
Net earnings | 138.00 | 7.00 | 107.00 | 26.00 | 46.20 |
Shareholders equity total | 2 310.00 | 2 197.00 | 2 143.00 | 1 844.00 | 1 705.92 |
Balance sheet total (assets) | 2 314.00 | 2 201.00 | 2 760.00 | 2 044.00 | 1 962.46 |
Net debt | - 500.00 | - 456.00 | - 963.00 | - 715.00 | - 526.42 |
Profitability | |||||
EBIT-% | 69.2 % | 96.5 % | 84.2 % | 82.1 % | |
ROA | 6.3 % | 0.4 % | 4.5 % | 1.3 % | 2.4 % |
ROE | 6.0 % | 0.3 % | 4.9 % | 1.3 % | 2.6 % |
ROI | 6.3 % | 0.4 % | 5.1 % | 1.6 % | 2.7 % |
Economic value added (EVA) | 47.65 | -54.53 | 100.50 | 61.28 | 47.65 |
Solvency | |||||
Equity ratio | 99.8 % | 99.8 % | 77.6 % | 90.2 % | 86.9 % |
Gearing | 0.3 % | 0.4 % | 0.2 % | ||
Relative net indebtedness % | -3476.9 % | -307.0 % | -1376.3 % | -465.9 % | |
Liquidity | |||||
Quick ratio | 189.3 | 147.0 | 1.7 | 4.1 | 2.6 |
Current ratio | 189.3 | 147.0 | 1.7 | 4.1 | 2.6 |
Cash and cash equivalents | 500.00 | 456.00 | 970.00 | 723.00 | 529.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4492.3 % | 368.7 % | 1555.3 % | 672.5 % | |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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