ETEX NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETEX NORDIC A/S
ETEX NORDIC A/S (CVR number: 78611812) is a company from FREDERICIA. The company recorded a gross profit of 25.9 mDKK in 2024. The operating profit was -8273.7 kDKK, while net earnings were -7768.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. ETEX NORDIC A/S's liquidity measured by quick ratio was 3.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31 920.00 | 38 439.00 | 36 026.00 | 24 868.00 | 25 863.48 |
EBIT | -7 051.00 | 2 150.00 | -1 445.00 | -12 651.00 | -8 273.66 |
Net earnings | -4 981.00 | -1 181.00 | - 660.00 | -10 713.00 | -7 768.28 |
Shareholders equity total | 68 282.00 | 67 177.00 | 67 144.00 | 56 190.00 | 48 442.15 |
Balance sheet total (assets) | 143 949.00 | 142 135.00 | 137 316.00 | 93 650.00 | 72 909.87 |
Net debt | 7 364.00 | 3 592.54 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -4.9 % | 1.5 % | -1.0 % | -9.0 % | -7.6 % |
ROE | -7.0 % | -1.7 % | -1.0 % | -17.4 % | -14.8 % |
ROI | -4.9 % | 1.5 % | -1.0 % | -9.7 % | -9.5 % |
Economic value added (EVA) | -10 737.44 | -1 281.17 | -4 820.64 | -15 330.77 | -12 816.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 60.0 % | 66.4 % |
Gearing | 13.3 % | 7.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 3.5 | |||
Current ratio | 3.4 | 3.7 | |||
Cash and cash equivalents | 120.00 | 125.69 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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