Ecovand A/S — Credit Rating and Financial Key Figures

Ecovand A/S (CVR number: 39753537) is a company from AARHUS. The company recorded a gross profit of -28.8 kDKK in 2023. The operating profit was -68.4 kDKK, while net earnings were -64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.4 %, which can be considered poor and Return on Equity (ROE) was -105.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. Ecovand A/S's liquidity measured by quick ratio was 1.5 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.