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

CVR number: 16650986
Mørksøvej 11, 8600 Silkeborg
info@innovative-surface-processing.com
tel: 86805901
www.innovative-surface-processing.com
Free credit report Annual report

Credit rating

Company information

Official name
ET TEKNIK A/S
Personnel
1 person
Established
1992
Company form
Limited company
Industry

About ET TEKNIK A/S

ET TEKNIK A/S (CVR number: 16650986) is a company from SILKEBORG. The company recorded a gross profit of 567.5 kDKK in 2024. The operating profit was 506.4 kDKK, while net earnings were 397.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.7 %, 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 77.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 800.185 520.323 850.284 039.96567.52
EBIT2 868.783 655.362 188.072 240.25506.39
Net earnings2 233.432 861.711 716.181 760.35397.05
Shareholders equity total5 783.606 845.316 221.495 260.354 858.16
Balance sheet total (assets)7 275.358 296.366 954.646 333.784 921.74
Net debt-1 098.71-2 406.83-2 674.37-1 828.14- 103.93
Profitability
EBIT-%
ROA38.9 %47.3 %29.0 %34.0 %9.1 %
ROE39.7 %45.3 %26.3 %30.7 %7.8 %
ROI49.7 %58.4 %33.9 %39.3 %10.1 %
Economic value added (EVA)1 945.512 559.341 361.101 433.76130.14
Solvency
Equity ratio79.5 %82.5 %89.5 %83.1 %98.7 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.64.63.577.4
Current ratio4.75.79.45.977.4
Cash and cash equivalents1 099.982 406.832 674.371 828.14104.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.08%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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