ETCAS A/S — Credit Rating and Financial Key Figures

CVR number: 27761437
Nordensvej 1, Taulov 7000 Fredericia
mail@etcas.dk
tel: 76315555
www.etcas.dk

Credit rating

Company information

Official name
ETCAS A/S
Personnel
13 persons
Established
2004
Domicile
Taulov
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About ETCAS A/S

ETCAS A/S (CVR number: 27761437) is a company from FREDERICIA. The company recorded a gross profit of 9054.5 kDKK in 2023. The operating profit was 1685.2 kDKK, while net earnings were 1238.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. ETCAS 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 profit12 149.009 581.006 813.008 719.009 054.46
EBIT- 651.00- 269.00-2 083.001 321.001 685.18
Net earnings- 520.00- 218.00-2 043.001 382.001 238.20
Shareholders equity total3 893.003 074.00832.002 214.003 202.18
Balance sheet total (assets)8 697.007 966.007 512.006 691.005 961.54
Net debt-2 184.00235.00233.00284.00-1 057.79
Profitability
EBIT-%
ROA-7.4 %-3.1 %-26.8 %18.7 %26.7 %
ROE-12.5 %-6.3 %-104.6 %90.7 %45.7 %
ROI-12.1 %-5.9 %-57.9 %41.5 %49.3 %
Economic value added (EVA)- 714.25- 283.90-2 171.371 411.781 198.15
Solvency
Equity ratio44.8 %38.6 %11.1 %33.1 %53.7 %
Gearing8.0 %15.7 %61.1 %23.4 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.61.41.62.1
Current ratio1.81.71.51.72.3
Cash and cash equivalents2 496.00248.00275.00233.001 089.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:26.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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