ETVE ApS — Credit Rating and Financial Key Figures

CVR number: 41711914
Axeltorv 2 F, 1609 København V
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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 -130.3 kDKK in 2023. The operating profit was -130.3 kDKK, while net earnings were 14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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 1.6 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
2021
2022
2023
Volume
Net sales
Gross profit-53.39- 182.03- 130.29
EBIT-53.39- 182.03- 130.29
Net earnings- 982.1751 483.6814 381.54
Shareholders equity total3 497.2254 980.9069 362.43
Balance sheet total (assets)125 603.01177 204.40190 380.36
Net debt57 533.00-42 649.58-62 003.06
Profitability
EBIT-%
ROA12.0 %41.7 %16.4 %
ROE-28.1 %176.1 %23.1 %
ROI12.2 %42.0 %16.6 %
Economic value added (EVA)-41.655 807.605 411.93
Solvency
Equity ratio2.8 %31.0 %36.4 %
Gearing3487.4 %222.0 %167.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.6
Current ratio1.11.41.6
Cash and cash equivalents64 427.69164 700.72177 924.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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