Ethicore Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ethicore Group ApS
Ethicore Group ApS (CVR number: 33167334) is a company from AARHUS. The company recorded a gross profit of -17.5 kDKK in 2024. The operating profit was -17.5 kDKK, while net earnings were 3593.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46 %, which can be considered excellent and Return on Equity (ROE) was 67.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ethicore Group ApS's liquidity measured by quick ratio was 2.6 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 | -7.50 | 40.00 | 24.20 | -17.00 | -17.50 |
EBIT | -7.50 | 40.00 | 24.20 | -17.00 | -17.50 |
Net earnings | -51.82 | 2.97 | 4 106.25 | 2 130.85 | 3 593.72 |
Shareholders equity total | -29.36 | -26.38 | 4 079.86 | 5 210.71 | 5 404.43 |
Balance sheet total (assets) | 177.09 | 197.47 | 4 822.37 | 7 961.73 | 8 159.57 |
Net debt | -27.03 | 179.60 | 114.54 | 1 140.39 | 639.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.5 % | 18.6 % | 164.0 % | 34.9 % | 46.0 % |
ROE | -51.9 % | 1.6 % | 192.0 % | 45.9 % | 67.7 % |
ROI | -8.7 % | 40.0 % | 186.1 % | 41.9 % | 59.3 % |
Economic value added (EVA) | -16.14 | 29.88 | 5.29 | - 224.78 | - 335.05 |
Solvency | |||||
Equity ratio | -14.2 % | -11.8 % | 84.6 % | 65.4 % | 66.2 % |
Gearing | -758.0 % | 4.1 % | 22.8 % | 13.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 6.4 | 2.9 | 2.6 |
Current ratio | 0.1 | 0.3 | 6.4 | 2.9 | 2.6 |
Cash and cash equivalents | 27.03 | 20.40 | 52.65 | 46.80 | 60.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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