ECIT Account A/S — Credit Rating and Financial Key Figures

CVR number: 20410191
Friis Hansens Vej 5, 7100 Vejle
tel: 75863444

Credit rating

Company information

Official name
ECIT Account A/S
Personnel
53 persons
Established
1997
Company form
Limited company
Industry

About ECIT Account A/S

ECIT Account A/S (CVR number: 20410191) is a company from VEJLE. The company recorded a gross profit of 31.4 mDKK in 2024. The operating profit was 6651.4 kDKK, while net earnings were 5167.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.1 %, which can be considered excellent and Return on Equity (ROE) was 90.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.2 %, 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. ECIT Account A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit29 795.5232 282.6232 572.4030 736.1631 413.01
EBIT8 418.938 006.208 020.497 015.446 651.42
Net earnings6 607.105 988.816 432.385 247.875 167.89
Shareholders equity total7 111.416 511.167 030.535 747.875 667.89
Balance sheet total (assets)17 608.9016 538.7012 395.0413 470.2811 749.49
Net debt-14 466.66-10 061.62-9 602.96-9 090.06-9 057.64
Profitability
EBIT-%
ROA56.9 %45.6 %56.9 %54.6 %53.1 %
ROE98.6 %87.9 %95.0 %82.1 %90.5 %
ROI103.1 %97.9 %121.5 %102.4 %99.8 %
Economic value added (EVA)6 816.676 622.146 426.395 429.715 396.80
Solvency
Equity ratio40.4 %39.4 %58.2 %43.7 %48.2 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.52.32.02.2
Current ratio1.81.52.11.92.2
Cash and cash equivalents14 466.6610 061.629 602.969 091.649 057.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:53.1%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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