ETSOFT ApS — Credit Rating and Financial Key Figures

CVR number: 29631638
Bakkelund 37, 4622 Havdrup
info@etsoft.dk
tel: 70205084

Credit rating

Company information

Official name
ETSOFT ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About ETSOFT ApS

ETSOFT ApS (CVR number: 29631638) is a company from SOLRØD. The company recorded a gross profit of 1136.4 kDKK in 2023. The operating profit was 344 kDKK, while net earnings were 422.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETSOFT ApS's liquidity measured by quick ratio was 6.4 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 profit783.42871.671 363.981 348.501 136.44
EBIT111.52244.46679.67578.90344.00
Net earnings85.43185.26568.23350.44422.40
Shareholders equity total793.92868.571 323.801 559.841 864.44
Balance sheet total (assets)1 022.721 265.971 763.701 891.592 212.61
Net debt- 831.68- 834.26-1 198.76-1 435.46-1 717.74
Profitability
EBIT-%
ROA11.0 %21.4 %49.2 %32.1 %27.0 %
ROE10.6 %22.3 %51.8 %24.3 %24.7 %
ROI13.8 %29.3 %67.7 %40.6 %32.3 %
Economic value added (EVA)45.05149.81484.61382.00188.06
Solvency
Equity ratio77.6 %68.6 %75.1 %82.5 %84.3 %
Gearing0.4 %0.5 %0.3 %0.0 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.53.24.05.76.4
Current ratio4.53.24.05.76.4
Cash and cash equivalents835.22838.751 203.201 436.091 721.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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