EDO COPENHAGEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDO COPENHAGEN ApS
EDO COPENHAGEN ApS (CVR number: 27449484) is a company from TÅRNBY. The company recorded a gross profit of 551.1 kDKK in 2023. The operating profit was -48.8 kDKK, while net earnings were 35 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EDO COPENHAGEN ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 279.04 | 840.86 | 1 756.28 | 376.10 | 551.15 |
EBIT | 518.49 | - 109.65 | 637.94 | - 168.72 | -48.79 |
Net earnings | 401.94 | -80.81 | 527.93 | -91.52 | 34.96 |
Shareholders equity total | 3 360.70 | 3 279.89 | 3 807.82 | 3 716.30 | 3 751.26 |
Balance sheet total (assets) | 4 220.40 | 4 379.57 | 4 733.53 | 4 323.96 | 4 361.94 |
Net debt | - 592.28 | -1 312.28 | -1 861.95 | -1 695.89 | -1 858.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.8 % | -2.6 % | 14.9 % | -2.4 % | 1.8 % |
ROE | 12.7 % | -2.4 % | 14.9 % | -2.4 % | 0.9 % |
ROI | 14.4 % | -3.0 % | 17.5 % | -2.6 % | 2.0 % |
Economic value added (EVA) | 294.48 | - 195.85 | 415.83 | - 214.28 | - 118.00 |
Solvency | |||||
Equity ratio | 79.6 % | 74.9 % | 80.4 % | 85.9 % | 86.0 % |
Gearing | 12.5 % | 10.4 % | 7.9 % | 6.9 % | 5.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.6 | 3.9 | 6.3 | 6.0 |
Current ratio | 4.7 | 3.5 | 5.1 | 8.1 | 7.6 |
Cash and cash equivalents | 1 010.79 | 1 652.84 | 2 162.52 | 1 951.45 | 2 063.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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