ETC Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETC Invest ApS
ETC Invest ApS (CVR number: 41949880) is a company from KOLDING. The company recorded a gross profit of -3.5 kDKK in 2023. The operating profit was -3.5 kDKK, while net earnings were 3424.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.2 %, which can be considered excellent and Return on Equity (ROE) was 73.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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. ETC Invest ApS's liquidity measured by quick ratio was 719.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -5.00 | -11.00 | -3.50 |
EBIT | -5.00 | -11.00 | -3.50 |
Net earnings | -95.00 | -80.00 | 3 424.63 |
Shareholders equity total | -55.00 | - 135.00 | 3 289.23 |
Balance sheet total (assets) | 6 067.00 | 6 078.00 | 9 595.75 |
Net debt | 6 077.00 | 6 180.00 | 2 776.50 |
Profitability | |||
EBIT-% | |||
ROA | -0.1 % | -0.2 % | 44.2 % |
ROE | -1.6 % | -1.3 % | 73.1 % |
ROI | -0.1 % | -0.2 % | 44.3 % |
Economic value added (EVA) | -3.89 | 297.73 | 306.96 |
Solvency | |||
Equity ratio | -0.9 % | -2.2 % | 34.3 % |
Gearing | -11121.8 % | -4598.5 % | 191.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 13.4 | 15.6 | 719.1 |
Current ratio | 13.4 | 15.6 | 719.1 |
Cash and cash equivalents | 40.00 | 28.00 | 3 525.02 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | A |
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