E-TEK Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 41524006
Danmarksgade 8 F, 4690 Haslev
info@e-tek.dk
tel: 56317815
www.e-tek.dk

Company information

Official name
E-TEK Engineering ApS
Personnel
4 persons
Established
2020
Company form
Private limited company
Industry

About E-TEK Engineering ApS

E-TEK Engineering ApS (CVR number: 41524006) is a company from FAXE. The company recorded a gross profit of 2861.8 kDKK in 2023. The operating profit was 427.6 kDKK, while net earnings were 284.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. E-TEK Engineering 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
Volume
Net sales
Gross profit2 501.041 821.632 518.602 861.82
EBIT454.5135.45659.42427.61
Net earnings305.2514.99463.36284.37
Shareholders equity total1 849.871 664.861 928.222 212.59
Balance sheet total (assets)4 499.533 713.014 640.105 206.94
Net debt- 805.1132.79- 561.45- 909.66
Profitability
EBIT-%
ROA10.1 %1.1 %15.8 %8.9 %
ROE16.5 %0.9 %25.8 %13.7 %
ROI19.3 %1.9 %28.4 %17.6 %
Economic value added (EVA)322.85-19.96428.59245.73
Solvency
Equity ratio41.1 %44.8 %47.6 %42.5 %
Gearing7.9 %23.1 %11.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.91.71.3
Current ratio1.20.91.31.4
Cash and cash equivalents951.80352.13561.451 162.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:8.94%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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