electro-cars aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About electro-cars aps
electro-cars aps (CVR number: 37834335) is a company from AARHUS. The company recorded a gross profit of -163.2 kDKK in 2023. The operating profit was -251.4 kDKK, while net earnings were 83.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. electro-cars aps's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 277.62 | 317.63 | 406.82 | 264.16 | - 163.16 |
EBIT | 1 031.64 | - 910.48 | 51.00 | 262.85 | - 251.44 |
Net earnings | 828.41 | -53.78 | 57.46 | - 372.48 | 83.94 |
Shareholders equity total | 4 646.26 | 4 392.48 | 4 449.94 | 2 077.46 | 2 161.39 |
Balance sheet total (assets) | 6 177.87 | 6 154.37 | 4 603.29 | 4 220.25 | 4 726.79 |
Net debt | - 452.88 | -30.55 | -1 223.08 | - 548.87 | - 860.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.2 % | 0.0 % | 2.5 % | 6.6 % | 2.1 % |
ROE | 19.1 % | -1.2 % | 1.3 % | -11.4 % | 4.0 % |
ROI | 26.2 % | 0.0 % | 2.7 % | 8.9 % | 4.5 % |
Economic value added (EVA) | 682.09 | -1 014.17 | - 121.21 | 100.70 | - 328.25 |
Solvency | |||||
Equity ratio | 75.2 % | 71.4 % | 96.7 % | 49.2 % | 45.7 % |
Gearing | 5.5 % | 26.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 21.3 | 1.5 | 1.5 |
Current ratio | 4.0 | 3.5 | 30.0 | 2.0 | 1.8 |
Cash and cash equivalents | 709.58 | 1 207.25 | 1 223.08 | 548.87 | 860.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | B | BB |
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