ETK EMS GROUP ApS — Credit Rating and Financial Key Figures

ETK EMS GROUP ApS (CVR number: 27523188K) is a company from SKANDERBORG. The company reported a net sales of 55.9 mEUR in 2023, demonstrating a decline of -9.7 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0.6 mEUR), while net earnings were 1376.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ETK EMS GROUP ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.