ECOWATT ApS — Credit Rating and Financial Key Figures

CVR number: 31050529
Helga Pedersens Gade 13, 8000 Aarhus C
bente@ecowatt.dk

Company information

Official name
ECOWATT ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry

About ECOWATT ApS

ECOWATT ApS (CVR number: 31050529) is a company from AARHUS. The company recorded a gross profit of 5448.7 kDKK in 2023. The operating profit was 12 mDKK, while net earnings were 4290.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. ECOWATT ApS's liquidity measured by quick ratio was 2.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 930.634 316.525 561.961 692.145 448.71
EBIT4 432.6061.40782.6542 414.4511 975.84
Net earnings2 903.81300.39972.4951 896.394 290.56
Shareholders equity total8 745.329 374.613 024.3862 818.9166 826.72
Balance sheet total (assets)40 050.6039 532.1335 760.6780 319.6883 991.07
Net debt23 695.2026 852.2325 713.18-2 371.67-12.30
Profitability
EBIT-%
ROA14.9 %2.9 %5.5 %111.5 %9.1 %
ROE41.4 %3.3 %15.7 %157.6 %6.6 %
ROI15.3 %2.9 %6.0 %117.9 %9.8 %
Economic value added (EVA)3 655.43290.30621.0430 816.639 429.55
Solvency
Equity ratio21.8 %23.7 %8.5 %78.2 %79.6 %
Gearing307.7 %289.9 %850.2 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.45.12.8
Current ratio0.50.50.45.12.8
Cash and cash equivalents3 213.66324.875 564.2212.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:9.11%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.6%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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