ECOWATT ApS — Credit Rating and Financial Key Figures

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

Credit rating

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 2388.1 kDKK in 2024. The operating profit was 699.5 kDKK, while net earnings were -1147.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 1.3 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 profit4 316.525 561.961 692.145 448.712 388.13
EBIT61.40782.6542 414.4511 975.84699.51
Net earnings300.39972.4951 896.394 290.56-1 147.59
Shareholders equity total9 374.613 024.3862 818.9166 826.7245 658.82
Balance sheet total (assets)39 532.1335 760.6780 319.6883 991.0761 139.89
Net debt26 852.2325 713.18-2 371.67-12.308 984.99
Profitability
EBIT-%
ROA2.9 %5.5 %111.5 %9.1 %0.4 %
ROE3.3 %15.7 %157.6 %6.6 %-2.0 %
ROI2.9 %6.0 %117.9 %9.8 %0.5 %
Economic value added (EVA)-1 864.29-1 426.7029 326.905 309.77-3 058.27
Solvency
Equity ratio23.7 %8.5 %78.2 %79.6 %74.7 %
Gearing289.9 %850.2 %5.1 %19.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.45.12.81.3
Current ratio0.50.45.12.81.3
Cash and cash equivalents324.875 564.2212.3010.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:0.41%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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