EY Partnership P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EY Partnership P/S
EY Partnership P/S (CVR number: 35683194) is a company from FREDERIKSBERG. The company reported a net sales of 23.4 mDKK in 2023, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 163.2 % (EBIT: 38.2 mDKK), while net earnings were 83.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 97.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.3 %, 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. EY Partnership P/S's liquidity measured by quick ratio was 0.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21 900.00 | 17 800.00 | 2 671 400.00 | 22 000.00 | 23 400.00 |
Gross profit | 16 300.00 | 28 600.00 | 1 699 900.00 | 19 700.00 | 41 300.00 |
EBIT | 15 600.00 | 28 000.00 | 52 800.00 | 17 400.00 | 38 200.00 |
Net earnings | 44 100.00 | 40 300.00 | 59 500.00 | 66 600.00 | 83 100.00 |
Shareholders equity total | 49 100.00 | 45 300.00 | 409 500.00 | 76 600.00 | 93 100.00 |
Balance sheet total (assets) | 604 300.00 | 753 700.00 | 1 476 600.00 | 866 500.00 | 821 800.00 |
Net debt | -2 000.00 | -1 300.00 | -49 100.00 | -4 800.00 | -14 500.00 |
Profitability | |||||
EBIT-% | 71.2 % | 157.3 % | 2.0 % | 79.1 % | 163.2 % |
ROA | 8.9 % | 4.5 % | 5.7 % | 2.3 % | 4.9 % |
ROE | 76.4 % | 85.4 % | 26.2 % | 27.4 % | 97.9 % |
ROI | 16.7 % | 10.2 % | 5.2 % | 1.9 % | 7.6 % |
Economic value added (EVA) | 24 559.57 | 35 648.05 | 59 719.43 | 5 380.20 | 41 285.35 |
Solvency | |||||
Equity ratio | 8.1 % | 6.0 % | 29.6 % | 8.8 % | 11.3 % |
Gearing | 41.3 % | ||||
Relative net indebtedness % | 2526.0 % | 3972.5 % | -23.5 % | 3568.6 % | 3052.1 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | -1.7 | 0.1 | 0.1 |
Current ratio | 0.5 | 0.6 | -1.7 | 0.1 | 0.1 |
Cash and cash equivalents | 2 000.00 | 1 300.00 | 218 100.00 | 4 800.00 | 14 500.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.9 | ||||
Net working capital % | -661.6 % | -1293.3 % | 70.8 % | -1375.5 % | -1319.2 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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