EKKOFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About EKKOFONDEN
EKKOFONDEN (CVR number: 35478787) is a company from HJØRRING. The company recorded a gross profit of -1596.2 kDKK in 2024. The operating profit was -2184.6 kDKK, while net earnings were 21.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 184 091.00 | -2 269.00 | - 184.13 | -1 596.15 |
EBIT | 98 954.00 | -4 785.00 | -4 545.40 | -2 184.57 |
Net earnings | 86 210.00 | 999.00 | 14 845.56 | 21 176.66 |
Shareholders equity total | 132 640.00 | 133 655.00 | 148 500.60 | 169 176.26 |
Balance sheet total (assets) | 186 371.00 | 186 820.00 | 217 967.53 | 243 229.22 |
Net debt | -79 123.00 | -45 985.00 | -37 497.51 | -44 689.38 |
Profitability | ||||
EBIT-% | ||||
ROA | 59.3 % | 11.7 % | 8.7 % | 10.3 % |
ROE | 65.0 % | 0.8 % | 10.5 % | 13.3 % |
ROI | 63.6 % | 12.2 % | 8.8 % | 10.6 % |
Economic value added (EVA) | 77 060.97 | -13 510.16 | -13 785.27 | -13 264.54 |
Solvency | ||||
Equity ratio | 71.2 % | 71.5 % | 68.1 % | 69.6 % |
Gearing | 30.8 % | 36.6 % | 45.7 % | 37.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.4 | 2.1 | 1.7 | 1.9 |
Current ratio | 2.4 | 2.1 | 1.7 | 1.9 |
Cash and cash equivalents | 119 959.00 | 94 966.00 | 105 412.34 | 108 334.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | A | A |
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