EICO A/S — Credit Rating and Financial Key Figures

CVR number: 11123244
Østergade 118, 9700 Brønderslev
tel: 98825966

Company information

Official name
EICO A/S
Personnel
33 persons
Established
1987
Company form
Limited company
Industry

About EICO A/S

EICO A/S (CVR number: 11123244) is a company from Brønderslev. The company recorded a gross profit of 26.6 mDKK in 2023. The operating profit was 5024.1 kDKK, while net earnings were 4436.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. EICO A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit20 410.4231 770.5043 350.2533 837.6426 577.18
EBIT6 269.8015 591.0324 858.9912 991.215 024.05
Net earnings5 102.4211 688.1020 281.1711 004.474 436.35
Shareholders equity total23 455.8932 481.7342 305.4738 249.1428 419.45
Balance sheet total (assets)57 458.8469 230.28101 799.47112 525.6193 666.84
Net debt8 687.471 485.3012 701.1412 077.7724 605.66
Profitability
EBIT-%
ROA13.4 %26.5 %30.9 %13.4 %6.7 %
ROE22.5 %41.8 %54.2 %27.3 %13.3 %
ROI21.6 %49.3 %57.4 %25.3 %12.4 %
Economic value added (EVA)3 769.4010 906.2817 468.838 047.112 021.86
Solvency
Equity ratio40.8 %46.9 %41.6 %34.0 %30.3 %
Gearing37.1 %5.0 %30.1 %43.7 %86.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.70.70.7
Current ratio1.61.91.71.71.5
Cash and cash equivalents12.47133.0035.164 629.3943.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.75%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.