eco2LIGHT ApS

CVR number: 40117407
Gørtlervej 21, 9000 Aalborg
pba@eco2light.dk
tel: 25200200
https://www.eco2light.dk/

Credit rating

Company information

Official name
eco2LIGHT ApS
Personnel
6 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About eco2LIGHT ApS

eco2LIGHT ApS (CVR number: 40117407) is a company from AALBORG. The company recorded a gross profit of 2491.8 kDKK in 2023. The operating profit was 819.4 kDKK, while net earnings were 878.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. eco2LIGHT ApS's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit4 150.264 462.926 273.708 017.832 491.83
EBIT792.28- 399.84- 226.963 438.24819.43
Net earnings548.66- 323.76191.912 168.97878.91
Shareholders equity total3 048.662 724.892 916.805 085.76927.12
Balance sheet total (assets)14 426.4918 790.3523 613.2526 899.7619 270.02
Net debt8 548.008 938.829 939.4212 936.3614 780.76
Profitability
EBIT-%
ROA6.2 %-0.8 %2.7 %14.7 %3.7 %
ROE9.9 %-11.2 %6.8 %54.2 %29.2 %
ROI7.5 %-1.0 %4.1 %22.6 %4.9 %
Economic value added (EVA)492.35- 491.76- 299.672 483.84361.73
Solvency
Equity ratio21.1 %14.5 %12.4 %18.9 %4.9 %
Gearing280.4 %328.0 %340.8 %254.4 %1599.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.50.30.2
Current ratio1.01.21.01.10.9
Cash and cash equivalents46.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.68%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.86%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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