ETK EMS FREDERIKSSUND A/S
Credit rating
Company information
About ETK EMS FREDERIKSSUND A/S
ETK EMS FREDERIKSSUND A/S (CVR number: 46089715) is a company from SKANDERBORG. The company recorded a gross profit of -51.5 kEUR in 2021. The operating profit was -51.5 kEUR, while net earnings were 152.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETK EMS FREDERIKSSUND A/S's liquidity measured by quick ratio was 14.7 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 582.93 | 569.79 | 688.18 | 4 404.75 | -51.50 |
EBIT | 146.40 | 176.89 | 238.53 | 663.15 | -51.50 |
Net earnings | 146.16 | 167.37 | 215.16 | 531.21 | 152.23 |
Shareholders equity total | 1 151.26 | 1 315.33 | 1 532.46 | 11 952.10 | 12 104.33 |
Balance sheet total (assets) | 2 222.25 | 2 401.20 | 2 347.75 | 12 802.27 | 12 985.66 |
Net debt | 684.90 | 662.58 | 132.12 | -11 765.76 | 489.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.4 % | 9.6 % | 11.9 % | 10.1 % | 1.6 % |
ROE | 13.5 % | 13.6 % | 15.1 % | 7.9 % | 1.3 % |
ROI | 11.0 % | 11.6 % | 15.3 % | 10.8 % | 1.7 % |
Economic value added (EVA) | 63.57 | 80.11 | 120.03 | 440.34 | -22.63 |
Solvency | |||||
Equity ratio | 51.8 % | 54.8 % | 65.3 % | 93.4 % | 93.2 % |
Gearing | 59.6 % | 50.5 % | 8.9 % | 4.5 % | 4.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 2.3 | 14.8 | 14.7 |
Current ratio | 2.0 | 2.2 | 2.9 | 14.9 | 14.7 |
Cash and cash equivalents | 0.72 | 2.25 | 4.00 | 12 301.09 | 1.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | B |
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