ESAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ESAB ApS
ESAB ApS (CVR number: 10244714) is a company from KOLDING. The company reported a net sales of 128.8 mDKK in 2024, demonstrating a decline of -24.5 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 5.8 mDKK), while net earnings were 4856.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. ESAB ApS's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 95.65 | 97.44 | 124.65 | 170.58 | 128.82 |
Gross profit | 5.97 | 10.02 | 11.56 | 19.88 | 13.56 |
EBIT | 0.23 | 4.05 | 6.12 | 12.29 | 5.85 |
Net earnings | 0.12 | 3.08 | 4.72 | 10.20 | 4.86 |
Shareholders equity total | 18.67 | 21.75 | 26.48 | 36.68 | 13.53 |
Balance sheet total (assets) | 31.72 | 36.39 | 45.92 | 54.94 | 26.14 |
Net debt | 8.31 | 9.76 | 11.56 | 7.50 | 4.93 |
Profitability | |||||
EBIT-% | 0.2 % | 4.2 % | 4.9 % | 7.2 % | 4.5 % |
ROA | 0.7 % | 11.9 % | 15.0 % | 26.0 % | 16.4 % |
ROE | 0.6 % | 15.2 % | 19.6 % | 32.3 % | 19.3 % |
ROI | 0.8 % | 13.4 % | 17.2 % | 31.0 % | 20.3 % |
Economic value added (EVA) | -1.13 | 1.78 | 3.17 | 7.61 | 2.24 |
Solvency | |||||
Equity ratio | 58.9 % | 59.8 % | 57.7 % | 66.8 % | 51.8 % |
Gearing | 46.9 % | 45.5 % | 48.1 % | 23.4 % | 50.4 % |
Relative net indebtedness % | 13.2 % | 14.9 % | 14.7 % | 10.1 % | 8.3 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.6 | 2.4 | 3.1 | 2.2 |
Current ratio | 2.6 | 2.6 | 2.4 | 3.1 | 2.2 |
Cash and cash equivalents | 0.45 | 0.13 | 1.16 | 1.07 | 1.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.8 | 63.7 | 68.4 | 49.5 | 61.7 |
Net working capital % | 20.3 % | 23.1 % | 21.7 % | 21.9 % | 10.9 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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