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ETVE ApS — Credit Rating and Financial Key Figures

CVR number: 41711914
Axeltorv 2 F, 1609 København V
Free credit report Annual report

Company information

Official name
ETVE ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
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- 982.1751 483.6814 381.541 775.42
Shareholders equity total3 497.2254 980.9069 362.4371 137.86
Balance sheet total (assets)125 603.01177 204.40190 380.36182 172.43
Net debt57 533.00-42 649.58-62 003.06-14 522.24
Profitability
EBIT-%
ROA12.0 %41.7 %16.4 %11.8 %
ROE-28.1 %176.1 %23.1 %2.5 %
ROI12.2 %42.0 %16.6 %12.0 %
Economic value added (EVA)-41.65-6 446.24-8 997.35-10 056.26
Solvency
Equity ratio2.8 %31.0 %36.4 %39.0 %
Gearing3487.4 %222.0 %167.1 %154.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.61.3
Current ratio1.11.41.61.3
Cash and cash equivalents64 427.69164 700.72177 924.20124 183.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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