EnTech Marine A/S — Credit Rating and Financial Key Figures

CVR number: 37745073
Olfert Fischersvej 7, 9850 Hirtshals
info@entech-marine.com
tel: 69151819
www.entech-marine.com

Company information

Official name
EnTech Marine A/S
Personnel
34 persons
Established
2016
Company form
Limited company
Industry

About EnTech Marine A/S

EnTech Marine A/S (CVR number: 37745073) is a company from HJØRRING. The company recorded a gross profit of 31.3 mDKK in 2023. The operating profit was 8775.4 kDKK, while net earnings were 6636.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.8 %, which can be considered excellent and Return on Equity (ROE) was 85.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. EnTech Marine A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 400.757 330.1713 230.1317 127.2831 288.19
EBIT433.43563.741 399.422 749.598 775.36
Net earnings304.96421.871 025.182 015.096 636.57
Shareholders equity total3 324.883 446.763 621.934 837.0210 673.59
Balance sheet total (assets)5 398.516 214.7111 451.2811 414.6022 499.98
Net debt376.80- 132.772 881.562 603.911 274.01
Profitability
EBIT-%
ROA8.8 %9.7 %15.8 %24.0 %51.8 %
ROE9.6 %12.5 %29.0 %47.6 %85.6 %
ROI12.5 %15.3 %26.6 %37.4 %83.7 %
Economic value added (EVA)182.32251.82923.911 884.156 531.18
Solvency
Equity ratio61.6 %55.5 %31.6 %42.4 %47.4 %
Gearing11.3 %0.0 %80.3 %53.9 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.21.21.62.1
Current ratio2.11.61.31.82.2
Cash and cash equivalents0.46132.7726.812.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:51.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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