EV METALVÆRK A/S — Credit Rating and Financial Key Figures

CVR number: 52975018
Ribovej 1, Rindum 6950 Ringkøbing
tel: 97324366
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Company information

Official name
EV METALVÆRK A/S
Personnel
40 persons
Established
1976
Domicile
Rindum
Company form
Limited company
Industry

About EV METALVÆRK A/S

EV METALVÆRK A/S (CVR number: 52975018) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 24.2 mDKK in 2023. The operating profit was 3778.5 kDKK, while net earnings were 2780.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. EV METALVÆRK A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit25 831.5926 224.9331 587.4828 264.3424 193.82
EBIT6 336.208 554.9713 267.558 714.533 778.45
Net earnings4 867.696 541.4510 199.766 689.762 780.89
Shareholders equity total14 976.6616 718.1120 417.8621 807.6218 588.51
Balance sheet total (assets)26 232.8029 251.3833 945.1232 197.6629 848.21
Net debt- 363.851 924.063 843.45-1 556.013 590.52
Profitability
EBIT-%
ROA23.6 %30.8 %42.0 %26.4 %12.2 %
ROE32.8 %41.3 %54.9 %31.7 %13.8 %
ROI36.3 %43.6 %56.6 %35.0 %15.8 %
Economic value added (EVA)4 240.386 035.439 630.765 786.722 033.77
Solvency
Equity ratio57.1 %57.2 %60.1 %67.7 %62.3 %
Gearing13.1 %26.7 %21.0 %10.1 %22.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.51.1
Current ratio2.52.42.63.32.8
Cash and cash equivalents2 326.852 532.92439.713 759.69535.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Board member

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