E.T. A/S — Credit Rating and Financial Key Figures

CVR number: 27555543
Kingstonvej 2, 2300 København S
bardy@godmail.dk
tel: 26812087

Company information

Official name
E.T. A/S
Personnel
3 persons
Established
2004
Company form
Limited company
Industry

About E.T. A/S

E.T. A/S (CVR number: 27555543) is a company from KØBENHAVN. The company recorded a gross profit of 413.6 kDKK in 2023. The operating profit was 3.2 kDKK, while net earnings were 606.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. E.T. A/S's liquidity measured by quick ratio was 20.3 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 profit0.661 158.28152.18423.19413.58
EBIT-5.981 158.28152.1868.883.17
Net earnings77.611 085.22552.937.68606.23
Shareholders equity total6 366.117 340.737 780.657 673.938 162.36
Balance sheet total (assets)6 876.097 787.928 091.167 830.758 547.63
Net debt- 709.54-2 551.19-2 639.88-2 948.45-3 709.33
Profitability
EBIT-%
ROA2.4 %25.0 %10.4 %3.9 %9.7 %
ROE1.2 %15.8 %7.3 %0.1 %7.7 %
ROI2.5 %26.2 %10.9 %4.0 %10.0 %
Economic value added (EVA)- 210.60685.15-85.81- 171.99- 197.59
Solvency
Equity ratio92.6 %94.3 %96.2 %98.0 %95.5 %
Gearing4.6 %
Relative net indebtedness %
Liquidity
Quick ratio9.415.623.745.220.3
Current ratio9.415.623.745.220.3
Cash and cash equivalents1 003.582 551.192 639.882 948.453 709.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.66%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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