EddCon ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EddCon ApS
EddCon ApS (CVR number: 39608138) is a company from ODENSE. The company recorded a gross profit of 982.8 kDKK in 2024. The operating profit was -49 kDKK, while net earnings were -47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. EddCon ApS's liquidity measured by quick ratio was 3.2 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 | 1 065.86 | 825.98 | 1 631.74 | 1 489.84 | 982.78 |
EBIT | - 250.04 | - 178.33 | 579.37 | 324.04 | -49.05 |
Net earnings | - 201.07 | - 143.68 | 446.04 | 251.82 | -47.81 |
Shareholders equity total | 46.92 | -96.76 | 349.27 | 542.19 | 433.38 |
Balance sheet total (assets) | 765.23 | 384.84 | 714.30 | 1 076.79 | 632.33 |
Net debt | - 364.65 | 58.32 | - 526.89 | - 812.11 | - 471.01 |
Profitability | |||||
EBIT-% | |||||
ROA | -36.9 % | -28.6 % | 96.9 % | 36.2 % | -5.6 % |
ROE | -136.4 % | -66.6 % | 121.5 % | 56.5 % | -9.8 % |
ROI | -114.2 % | -116.5 % | 222.2 % | 65.8 % | -8.9 % |
Economic value added (EVA) | - 189.94 | - 117.32 | 459.00 | 261.82 | -24.18 |
Solvency | |||||
Equity ratio | 6.1 % | -20.1 % | 48.9 % | 50.4 % | 68.5 % |
Gearing | 277.6 % | -133.3 % | 2.0 % | 9.4 % | 11.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.8 | 2.2 | 2.0 | 3.2 |
Current ratio | 1.1 | 0.8 | 2.2 | 2.0 | 3.2 |
Cash and cash equivalents | 494.90 | 70.62 | 533.96 | 862.84 | 520.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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