EET Group Holdings ApS — Credit Rating and Financial Key Figures

CVR number: 42842931
Bregnerødvej 133, 3460 Birkerød

Company information

Official name
EET Group Holdings ApS
Personnel
3 persons
Established
2021
Company form
Private limited company
Industry

About EET Group Holdings ApS

EET Group Holdings ApS (CVR number: 42842931K) is a company from RUDERSDAL. The company reported a net sales of 624 mEUR in 2023, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was poor at -8.3 % (EBIT: -52 mEUR), while net earnings were -96 mEUR. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -46.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. EET Group Holdings ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2022
2023
Volume
Net sales571 000.00624 000.00
Gross profit106 000.00109 000.00
EBIT17 000.00-52 000.00
Net earnings-12 000.00-96 000.00
Shareholders equity total252 000.00158 000.00
Balance sheet total (assets)755 000.00741 000.00
Net debt-22 000.00-51 000.00
Profitability
EBIT-%3.0 %-8.3 %
ROA2.3 %-6.7 %
ROE-4.8 %-46.8 %
ROI3.0 %-8.9 %
Economic value added (EVA)18 545.45-51 900.38
Solvency
Equity ratio33.4 %21.3 %
Gearing0.8 %
Relative net indebtedness %83.9 %85.3 %
Liquidity
Quick ratio1.01.0
Current ratio1.51.5
Cash and cash equivalents24 000.0051 000.00
Capital use efficiency
Trade debtors turnover (days)60.149.7
Net working capital %11.7 %10.4 %
Credit risk
Credit ratingAAA

Variable visualization

ROA:-6.68%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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