ETC-SOL ApS — Credit Rating and Financial Key Figures

CVR number: 32471544
Pilestræde 60, 1112 København K
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Company information

Official name
ETC-SOL ApS
Established
2009
Company form
Private limited company
Industry

About ETC-SOL ApS

ETC-SOL ApS (CVR number: 32471544) is a company from KØBENHAVN. The company recorded a gross profit of -6.4 kEUR in 2024. The operating profit was -6.4 kEUR, while net earnings were -637.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent but Return on Equity (ROE) was -76.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETC-SOL ApS's liquidity measured by quick ratio was 9.3 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-47.41-8.74-3.77-2.40-6.43
EBIT-47.41-8.74-3.77-2.40-6.43
Net earnings188.20702.361 837.8512.02- 637.75
Shareholders equity total1 961.892 664.252 362.351 421.31248.55
Balance sheet total (assets)4 438.845 389.852 366.141 426.80254.99
Net debt2 404.972 712.15- 410.43- 104.70-39.38
Profitability
EBIT-%
ROA9.2 %20.3 %48.4 %12.2 %40.0 %
ROE10.1 %30.4 %73.1 %0.6 %-76.4 %
ROI15.1 %-20.1 %253.2 %2.3 %-72.8 %
Economic value added (EVA)- 249.85- 229.25- 274.56- 121.85-78.25
Solvency
Equity ratio44.2 %49.4 %99.8 %99.6 %97.5 %
Gearing125.7 %102.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0253.421.09.3
Current ratio0.00.0253.421.09.3
Cash and cash equivalents60.5311.96410.43104.7039.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.0%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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