ETO GARMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 63814113
Bredgade 16, Ejby 5592 Ejby
sales@eto-garments.com
tel: 64461830
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Credit rating

Company information

Official name
ETO GARMENTS ApS
Personnel
11 persons
Established
1981
Domicile
Ejby
Company form
Private limited company
Industry

About ETO GARMENTS ApS

ETO GARMENTS ApS (CVR number: 63814113) is a company from MIDDELFART. The company recorded a gross profit of 4875 kDKK in 2024. The operating profit was 122.1 kDKK, while net earnings were 50.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. ETO GARMENTS ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 067.686 054.125 411.695 122.424 874.95
EBIT193.72302.05-3.12206.00122.13
Net earnings248.77236.9818.91192.7250.09
Shareholders equity total1 931.231 919.441 701.371 894.091 694.18
Balance sheet total (assets)5 584.104 970.714 683.434 678.195 749.76
Net debt-1 226.4647.93102.98382.931 440.21
Profitability
EBIT-%
ROA5.9 %6.0 %0.6 %6.0 %2.7 %
ROE12.6 %12.3 %1.0 %10.7 %2.8 %
ROI11.7 %12.9 %1.2 %10.7 %4.3 %
Economic value added (EVA)-9.75136.23- 103.3560.20-21.05
Solvency
Equity ratio34.6 %38.6 %36.3 %40.5 %29.5 %
Gearing2.6 %15.1 %20.3 %85.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.21.20.9
Current ratio1.61.81.82.01.6
Cash and cash equivalents1 226.462.25153.632.112.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.68%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.5%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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