ETEC ApS — Credit Rating and Financial Key Figures

ETEC ApS (CVR number: 29632081) is a company from HALSNÆS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -39.6 % compared to the previous year. The operating profit percentage was poor at -12.5 % (EBIT: -0 mDKK), while net earnings were -44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.8 %, which can be considered poor and Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ETEC ApS'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.