Epiito Tech ApS — Credit Rating and Financial Key Figures

CVR number: 41674520
Spinderigade 24, 7100 Vejle
j.bendix@epiito.com
tel: 22724090
www.epiito.com

Company information

Official name
Epiito Tech ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Epiito Tech ApS

Epiito Tech ApS (CVR number: 41674520) is a company from VEJLE. The company recorded a gross profit of 171.9 kDKK in 2023. The operating profit was 121.6 kDKK, while net earnings were 121.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -59.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Epiito Tech ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit23.30-25.63171.95
EBIT-6 014.72- 571.55121.65
Net earnings-6 020.70- 572.35121.66
Shareholders equity total- 164.72- 737.06- 615.40
Balance sheet total (assets)467.99363.62425.18
Net debt474.23- 155.94-67.17
Profitability
EBIT-%
ROA-950.6 %-65.9 %11.4 %
ROE-1286.5 %-137.6 %30.8 %
ROI-1202.9 %-228.6 %
Economic value added (EVA)-6 014.72- 538.86189.63
Solvency
Equity ratio-26.0 %-67.0 %-59.1 %
Gearing-303.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.3
Current ratio0.30.10.3
Cash and cash equivalents25.77155.9467.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-59.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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