ECHO TRADING. RANDERS ApS — Credit Rating and Financial Key Figures

CVR number: 15116641
Byskrivervej 1, 8920 Randers NV

Credit rating

Company information

Official name
ECHO TRADING. RANDERS ApS
Established
1991
Company form
Private limited company
Industry

About ECHO TRADING. RANDERS ApS

ECHO TRADING. RANDERS ApS (CVR number: 15116641) is a company from RANDERS. The company recorded a gross profit of -37.6 kDKK in 2023. The operating profit was -37.6 kDKK, while net earnings were 386.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ECHO TRADING. RANDERS ApS's liquidity measured by quick ratio was 18.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-20.78-25.96-27.01-39.94-37.58
EBIT-20.78-25.96-27.01-39.94-37.58
Net earnings- 897.58529.39- 424.70139.25386.42
Shareholders equity total4 494.145 023.534 598.824 738.075 124.49
Balance sheet total (assets)4 511.655 070.974 626.594 900.895 416.13
Net debt-4 458.47-5 023.69-4 443.63-4 588.92-5 100.63
Profitability
EBIT-%
ROA-17.6 %12.3 %3.5 %4.8 %10.1 %
ROE-18.2 %11.1 %-8.8 %3.0 %7.8 %
ROI-17.6 %12.4 %3.5 %4.8 %10.1 %
Economic value added (EVA)7.39-25.49-20.56-38.22-29.26
Solvency
Equity ratio99.6 %99.1 %99.4 %96.7 %94.6 %
Gearing0.1 %0.2 %0.3 %3.2 %5.2 %
Relative net indebtedness %
Liquidity
Quick ratio257.6225.2166.630.118.6
Current ratio257.6225.2166.630.118.6
Cash and cash equivalents4 463.485 033.704 458.904 739.195 368.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.6%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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