Ethan Partners ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ethan Partners ApS
Ethan Partners ApS (CVR number: 40805486) is a company from KØBENHAVN. The company recorded a gross profit of 2320 kDKK in 2023. The operating profit was -699.8 kDKK, while net earnings were -572.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -63.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. Ethan Partners ApS's liquidity measured by quick ratio was 2.3 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 583.60 | 2 179.04 | 5 168.42 | 2 319.96 |
EBIT | 34.49 | 425.90 | 1 471.34 | - 699.77 |
Net earnings | 26.39 | 329.90 | 1 149.58 | - 572.12 |
Shareholders equity total | 66.39 | 396.30 | 1 190.88 | 618.49 |
Balance sheet total (assets) | 1 441.71 | 3 351.51 | 6 028.84 | 1 034.82 |
Net debt | - 205.44 | - 759.26 | -3 337.58 | - 693.70 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.4 % | 17.8 % | 31.5 % | -19.8 % |
ROE | 39.8 % | 142.6 % | 144.9 % | -63.2 % |
ROI | 52.0 % | 184.1 % | 175.7 % | -73.3 % |
Economic value added (EVA) | 26.91 | 339.13 | 1 165.89 | - 437.78 |
Solvency | ||||
Equity ratio | 4.6 % | 11.8 % | 19.8 % | 59.8 % |
Gearing | 7.8 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 1.1 | 1.2 | 2.3 |
Current ratio | 1.0 | 1.1 | 1.2 | 2.3 |
Cash and cash equivalents | 205.44 | 759.26 | 3 430.71 | 693.70 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | BBB | BB |
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