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ETVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETVE ApS
ETVE ApS (CVR number: 41711914) is a company from KØBENHAVN. The company recorded a gross profit of -955.3 kDKK in 2024. The operating profit was -955.3 kDKK, while net earnings were 1775.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39 %, 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. ETVE 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -53.39 | - 182.03 | - 130.29 | - 955.32 |
| EBIT | -53.39 | - 182.03 | - 130.29 | - 955.32 |
| Net earnings | - 982.17 | 51 483.68 | 14 381.54 | 1 775.42 |
| Shareholders equity total | 3 497.22 | 54 980.90 | 69 362.43 | 71 137.86 |
| Balance sheet total (assets) | 125 603.01 | 177 204.40 | 190 380.36 | 182 172.43 |
| Net debt | 57 533.00 | -42 649.58 | -62 003.06 | -14 522.24 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 12.0 % | 41.7 % | 16.4 % | 11.8 % |
| ROE | -28.1 % | 176.1 % | 23.1 % | 2.5 % |
| ROI | 12.2 % | 42.0 % | 16.6 % | 12.0 % |
| Economic value added (EVA) | -41.65 | -6 446.24 | -8 997.35 | -10 056.26 |
| Solvency | ||||
| Equity ratio | 2.8 % | 31.0 % | 36.4 % | 39.0 % |
| Gearing | 3487.4 % | 222.0 % | 167.1 % | 154.2 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.1 | 1.4 | 1.6 | 1.3 |
| Current ratio | 1.1 | 1.4 | 1.6 | 1.3 |
| Cash and cash equivalents | 64 427.69 | 164 700.72 | 177 924.20 | 124 183.47 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | A | A | A |
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