EDRINGTON DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 10216281
Bredgade 20, 1260 København K
tel: 43271212

Company information

Official name
EDRINGTON DENMARK A/S
Personnel
15 persons
Established
1986
Company form
Limited company
Industry

About EDRINGTON DENMARK A/S

EDRINGTON DENMARK A/S (CVR number: 10216281) is a company from KØBENHAVN. The company reported a net sales of 118.1 mDKK in 2023, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 2.5 mDKK), while net earnings were 2185.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. EDRINGTON DENMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales96.8491.09109.49113.78118.07
Gross profit7.837.8512.4813.0914.36
EBIT0.841.582.512.502.53
Net earnings0.742.092.111.272.19
Shareholders equity total14.4716.5618.6719.9522.13
Balance sheet total (assets)53.4356.5043.7748.8554.17
Net debt23.0824.788.96-1.7210.18
Profitability
EBIT-%0.9 %1.7 %2.3 %2.2 %2.1 %
ROA2.2 %3.3 %5.0 %5.4 %6.3 %
ROE5.3 %13.4 %12.0 %6.6 %10.4 %
ROI3.0 %4.4 %7.1 %7.8 %8.8 %
Economic value added (EVA)0.260.491.710.551.79
Solvency
Equity ratio27.1 %29.3 %42.7 %40.8 %40.9 %
Gearing172.3 %153.3 %52.4 %80.3 %69.4 %
Relative net indebtedness %38.3 %43.2 %22.2 %9.8 %22.7 %
Liquidity
Quick ratio0.90.81.01.10.9
Current ratio1.31.41.71.61.7
Cash and cash equivalents1.860.600.8217.745.18
Capital use efficiency
Trade debtors turnover (days)103.180.438.532.063.9
Net working capital %12.4 %15.9 %15.5 %16.3 %17.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.29%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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