EDC Refsgaard & Partnere A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDC Refsgaard & Partnere A/S
EDC Refsgaard & Partnere A/S (CVR number: 38763164) is a company from VIBORG. The company recorded a gross profit of 1218.1 kDKK in 2023. The operating profit was -402.3 kDKK, while net earnings were -344.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.5 %, which can be considered poor and Return on Equity (ROE) was -102.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. EDC Refsgaard & Partnere A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 986.11 | 2 773.30 | 1 983.08 | 83.12 | 1 218.06 |
EBIT | - 211.03 | 68.76 | - 497.17 | -2 173.79 | - 402.25 |
Net earnings | - 264.41 | 13.37 | - 432.45 | -1 826.81 | - 344.27 |
Shareholders equity total | - 345.44 | - 332.07 | - 764.52 | 508.67 | 164.40 |
Balance sheet total (assets) | 2 488.28 | 1 799.93 | 1 243.84 | 1 299.07 | 430.13 |
Net debt | 1 603.74 | 233.30 | 1 511.33 | 408.87 | - 101.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.6 % | 2.8 % | -24.0 % | -131.4 % | -46.5 % |
ROE | -7.5 % | 0.6 % | -28.4 % | -208.5 % | -102.3 % |
ROI | -6.6 % | 5.0 % | -45.1 % | -160.6 % | -64.5 % |
Economic value added (EVA) | -41.48 | 93.82 | - 359.62 | -1 654.32 | - 334.33 |
Solvency | |||||
Equity ratio | -12.7 % | -16.1 % | -39.3 % | 40.5 % | 38.5 % |
Gearing | -617.2 % | -152.4 % | -208.8 % | 107.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.3 | 4.0 | 1.4 |
Current ratio | 0.4 | 0.4 | 0.3 | 3.3 | 1.4 |
Cash and cash equivalents | 528.34 | 272.83 | 85.11 | 140.01 | 101.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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