Equity Credit Management A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Equity Credit Management A/S
Equity Credit Management A/S (CVR number: 34350493) is a company from KØGE. The company recorded a gross profit of 1103 kDKK in 2024. The operating profit was -112 kDKK, while net earnings were -15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Equity Credit Management A/S's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 522.88 | 772.96 | 987.02 | 1 173.30 | 1 103.03 |
EBIT | - 350.37 | - 420.51 | -24.96 | - 124.72 | - 111.99 |
Net earnings | - 471.69 | - 304.89 | 30.09 | -49.11 | -15.66 |
Shareholders equity total | 922.53 | 617.63 | 647.72 | 598.61 | 582.95 |
Balance sheet total (assets) | 1 661.82 | 1 076.34 | 1 136.95 | 1 164.34 | 1 149.91 |
Net debt | -1 450.51 | - 699.83 | - 712.69 | - 769.14 | - 837.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.6 % | -21.0 % | 3.1 % | -4.2 % | -1.2 % |
ROE | -60.5 % | -39.6 % | 4.8 % | -7.9 % | -2.7 % |
ROI | -55.8 % | -36.1 % | 5.5 % | -7.7 % | -2.3 % |
Economic value added (EVA) | - 232.44 | - 393.97 | -20.83 | - 121.45 | - 103.42 |
Solvency | |||||
Equity ratio | 55.5 % | 57.4 % | 57.0 % | 51.4 % | 50.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.3 | 2.1 | 2.0 |
Current ratio | 2.4 | 2.3 | 2.3 | 2.1 | 2.0 |
Cash and cash equivalents | 1 450.51 | 699.83 | 712.69 | 769.14 | 837.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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