ETS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETS A/S
ETS A/S (CVR number: 27625088) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 196.4 kDKK in 2023. The operating profit was -310.1 kDKK, while net earnings were -224.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.1 %, which can be considered poor and Return on Equity (ROE) was -21.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETS A/S's liquidity measured by quick ratio was 12.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 696.81 | 1 655.51 | 1 528.36 | 553.95 | 196.43 |
EBIT | 225.44 | 140.09 | -65.49 | - 422.06 | - 310.07 |
Net earnings | 169.48 | 98.83 | -61.01 | - 336.57 | - 224.67 |
Shareholders equity total | 1 463.37 | 1 562.20 | 1 501.19 | 1 164.62 | 939.95 |
Balance sheet total (assets) | 1 951.75 | 2 218.39 | 2 358.67 | 1 434.25 | 1 022.28 |
Net debt | - 971.25 | - 726.64 | - 742.54 | - 441.12 | - 184.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.4 % | 6.7 % | -2.9 % | -22.3 % | -23.1 % |
ROE | 12.3 % | 6.5 % | -4.0 % | -25.3 % | -21.4 % |
ROI | 16.4 % | 9.3 % | -4.3 % | -31.7 % | -26.9 % |
Economic value added (EVA) | 116.37 | 82.97 | -93.47 | - 367.64 | - 278.28 |
Solvency | |||||
Equity ratio | 75.0 % | 70.4 % | 63.6 % | 81.2 % | 91.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 3.2 | 2.7 | 5.2 | 12.4 |
Current ratio | 3.9 | 3.3 | 2.8 | 5.3 | 12.4 |
Cash and cash equivalents | 971.25 | 726.64 | 742.54 | 441.12 | 184.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BB | B |
Variable visualization
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