ECCO Investment Corporation A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ECCO Investment Corporation A/S
ECCO Investment Corporation A/S (CVR number: 41885521) is a company from TØNDER. The company recorded a gross profit of 1502.6 kDKK in 2024. The operating profit was 1502.6 kDKK, while net earnings were -17 mDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ECCO Investment Corporation A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -86.80 | - 442.32 | -1 946.05 | 1 502.60 |
EBIT | -86.80 | - 442.32 | -1 946.05 | 1 502.60 |
Net earnings | - 102.83 | - 323.29 | -1 406.41 | -16 962.69 |
Shareholders equity total | 7 397.17 | 57 073.88 | 80 667.47 | 88 704.78 |
Balance sheet total (assets) | 11 157.17 | 57 168.20 | 82 342.04 | 219 117.99 |
Net debt | -2 209.42 | -11 035.06 | -8 402.40 | 125 529.77 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.8 % | -1.1 % | -1.9 % | -10.6 % |
ROE | -1.4 % | -1.0 % | -2.0 % | -20.0 % |
ROI | -1.2 % | -1.1 % | -1.9 % | -10.7 % |
Economic value added (EVA) | -67.70 | - 730.44 | -4 921.63 | -2 723.23 |
Solvency | ||||
Equity ratio | 66.3 % | 99.8 % | 98.0 % | 40.5 % |
Gearing | 0.1 % | 1.9 % | 144.0 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 159.8 | 15.5 | 1.1 |
Current ratio | 0.6 | 159.8 | 15.5 | 1.1 |
Cash and cash equivalents | 2 209.42 | 11 091.37 | 9 965.62 | 2 172.17 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | BBB | BBB |
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