ESVAGT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ESVAGT A/S
ESVAGT A/S (CVR number: 60698813) is a company from ESBJERG. The company reported a net sales of 1025.1 mDKK in 2019, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 8.7 % (EBIT: 89.5 mDKK), while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. ESVAGT 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 903.51 | 983.17 | 1 025.05 |
Gross profit | 679.62 | 696.72 | 730.10 |
EBIT | 114.51 | 94.96 | 89.47 |
Net earnings | 43.30 | 0.88 | 14.35 |
Shareholders equity total | 1 756.43 | 1 740.20 | 1 762.66 |
Balance sheet total (assets) | 4 123.46 | 4 152.02 | 4 192.37 |
Net debt | 1 511.27 | 1 888.88 | 2 039.25 |
Profitability | |||
EBIT-% | 12.7 % | 9.7 % | 8.7 % |
ROA | 3.6 % | 2.3 % | 2.4 % |
ROE | 2.5 % | 0.1 % | 0.8 % |
ROI | 3.8 % | 2.4 % | 2.5 % |
Economic value added (EVA) | 126.56 | - 108.89 | - 136.01 |
Solvency | |||
Equity ratio | 42.7 % | 42.0 % | 42.1 % |
Gearing | 125.9 % | 127.8 % | 126.8 % |
Relative net indebtedness % | 184.5 % | 211.2 % | 217.9 % |
Liquidity | |||
Quick ratio | 6.1 | 2.8 | 2.1 |
Current ratio | 5.8 | 2.8 | 2.1 |
Cash and cash equivalents | 699.94 | 335.77 | 195.61 |
Capital use efficiency | |||
Trade debtors turnover (days) | 42.4 | 37.8 | 37.8 |
Net working capital % | 79.2 % | 34.1 % | 19.4 % |
Credit risk | |||
Credit rating | AAA | AAA | AAA |
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