ETL Development ApS — Credit Rating and Financial Key Figures

CVR number: 41550422
Bakketoften 20, 8541 Skødstrup

Company information

Official name
ETL Development ApS
Established
2020
Company form
Private limited company
Industry

About ETL Development ApS

ETL Development ApS (CVR number: 41550422) is a company from AARHUS. The company recorded a gross profit of -12.1 kDKK in 2024. The operating profit was -12.1 kDKK, while net earnings were 2182.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 48.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETL Development ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.00-8.50-9.75-10.38-12.07
EBIT-6.00-8.50-9.75-10.38-12.07
Net earnings740.93- 655.16-4.352 002.022 182.74
Shareholders equity total2 263.851 552.191 490.643 433.765 555.49
Balance sheet total (assets)2 476.211 558.191 667.133 688.525 828.18
Net debt118.96137.56- 263.10
Profitability
EBIT-%
ROA29.9 %-32.1 %-0.2 %75.3 %46.4 %
ROE32.7 %-34.3 %-0.3 %81.3 %48.6 %
ROI32.7 %-34.0 %-0.2 %77.9 %48.0 %
Economic value added (EVA)-4.68- 121.38-85.88-89.12- 189.72
Solvency
Equity ratio91.4 %99.6 %89.4 %93.1 %95.3 %
Gearing8.0 %4.0 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.40.60.41.2
Current ratio1.00.40.60.41.2
Cash and cash equivalents322.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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