Eschen Holding APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Eschen Holding APS
Eschen Holding APS (CVR number: 38291777) is a company from KOLDING. The company recorded a gross profit of -8.8 kDKK in 2023. The operating profit was -8.8 kDKK, while net earnings were -13.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Eschen Holding APS's liquidity measured by quick ratio was 2.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 335.13 | 188.07 | 232.54 | -35.51 | -8.76 |
EBIT | 274.77 | 171.40 | 215.87 | -43.84 | -8.76 |
Net earnings | 207.09 | 100.77 | 161.31 | -92.37 | -13.18 |
Shareholders equity total | 1 197.53 | 1 187.70 | 1 349.02 | 1 256.65 | 1 143.47 |
Balance sheet total (assets) | 2 034.18 | 1 704.75 | 2 266.42 | 2 134.03 | 1 716.63 |
Net debt | -1 030.64 | 36.98 | - 138.03 | 612.81 | 400.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.0 % | 9.2 % | 10.9 % | -0.4 % | -0.5 % |
ROE | 18.0 % | 8.4 % | 12.7 % | -7.1 % | -1.1 % |
ROI | 23.8 % | 13.9 % | 16.1 % | -4.8 % | -0.5 % |
Economic value added (EVA) | 182.17 | 126.61 | 120.00 | -87.78 | -57.89 |
Solvency | |||||
Equity ratio | 58.9 % | 69.7 % | 59.5 % | 58.9 % | 66.6 % |
Gearing | 0.3 % | 6.8 % | 4.6 % | 50.8 % | 38.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 6.8 | 2.1 | 2.1 | 2.7 |
Current ratio | 2.5 | 7.2 | 2.2 | 2.2 | 2.7 |
Cash and cash equivalents | 1 034.74 | 44.27 | 200.73 | 26.00 | 42.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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