ET TEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 16650986
Mørksøvej 11, 8600 Silkeborg
tel: 86805901

Credit rating

Company information

Official name
ET TEKNIK A/S
Personnel
1 person
Established
1992
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About ET TEKNIK A/S

ET TEKNIK A/S (CVR number: 16650986) is a company from SILKEBORG. The company recorded a gross profit of 4050.2 kDKK in 2023. The operating profit was 2240.3 kDKK, while net earnings were 1760.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ET TEKNIK A/S's liquidity measured by quick ratio was 3.5 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 profit5 087.734 800.185 520.323 850.284 050.16
EBIT3 050.352 868.783 655.362 188.072 240.25
Net earnings2 363.692 233.432 861.711 716.181 760.35
Shareholders equity total5 467.185 783.606 845.316 221.495 260.35
Balance sheet total (assets)7 533.517 275.358 296.366 954.646 333.78
Net debt-1 786.28-1 098.71-2 406.83-2 674.37-1 828.14
Profitability
EBIT-%
ROA39.9 %38.9 %47.3 %29.0 %34.0 %
ROE45.2 %39.7 %45.3 %26.3 %30.7 %
ROI53.9 %49.7 %58.4 %33.9 %39.3 %
Economic value added (EVA)2 190.552 073.042 618.481 484.481 569.37
Solvency
Equity ratio72.4 %79.5 %82.5 %89.5 %83.0 %
Gearing5.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.33.64.63.5
Current ratio3.54.75.79.45.9
Cash and cash equivalents2 103.181 099.982 406.832 674.371 828.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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