Ecotop Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39611953
Hornbjergvej 8, 8543 Hornslet

Company information

Official name
Ecotop Holding ApS
Established
2018
Company form
Private limited company
Industry

About Ecotop Holding ApS

Ecotop Holding ApS (CVR number: 39611953) is a company from SYDDJURS. The company recorded a gross profit of 195.6 kDKK in 2023. The operating profit was 180.5 kDKK, while net earnings were 1664.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. Ecotop Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit194.66206.90205.32205.13195.55
EBIT188.85201.10199.52199.33180.48
Net earnings352.14588.281 373.201 468.631 664.33
Shareholders equity total2 938.053 526.334 899.536 068.166 682.49
Balance sheet total (assets)3 863.464 474.045 717.767 007.3420 225.46
Net debt737.25395.37414.16623.0912 387.79
Profitability
EBIT-%
ROA11.1 %15.5 %28.0 %24.0 %13.0 %
ROE12.7 %18.2 %32.6 %26.8 %26.1 %
ROI11.2 %15.8 %28.7 %24.3 %13.1 %
Economic value added (EVA)127.15145.02170.11222.42229.85
Solvency
Equity ratio76.0 %78.8 %85.7 %86.6 %33.0 %
Gearing25.1 %16.5 %11.6 %10.6 %197.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.13.91.70.3
Current ratio1.82.13.91.70.3
Cash and cash equivalents185.30154.0620.99807.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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