EKKOFONDEN — Credit Rating and Financial Key Figures

CVR number: 35478787
Magnesmindevej 8, Gjurup 9800 Hjørring
info@ekkofonden.dk
www.ekkofonden.dk

Company information

Official name
EKKOFONDEN
Personnel
3 persons
Established
2013
Domicile
Gjurup
Industry

About EKKOFONDEN

EKKOFONDEN (CVR number: 35478787) is a company from HJØRRING. The company recorded a gross profit of -184 kDKK in 2023. The operating profit was -4544 kDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EKKOFONDEN's liquidity measured by quick ratio was 1.7 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
2021
2022
2023
Volume
Net sales
Gross profit184 091.00-2 269.00- 184.00
EBIT98 954.00-4 785.00-4 544.00
Net earnings86 210.00999.0014 846.00
Shareholders equity total132 640.00133 655.00148 501.00
Balance sheet total (assets)186 371.00186 820.00217 958.00
Net debt-79 123.00-45 985.00-37 499.00
Profitability
EBIT-%
ROA59.3 %11.7 %8.7 %
ROE65.0 %0.8 %10.5 %
ROI63.6 %12.2 %8.8 %
Economic value added (EVA)77 060.97-2 183.26-1 188.30
Solvency
Equity ratio71.2 %71.5 %68.1 %
Gearing30.8 %36.6 %45.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.11.7
Current ratio2.42.11.7
Cash and cash equivalents119 959.0094 966.00105 402.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.73%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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