Ethan Partners ApS — Credit Rating and Financial Key Figures

CVR number: 40805486
Højbro Plads 10, 1200 København K

Company information

Official name
Ethan Partners ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 583.602 179.045 168.422 319.96
EBIT34.49425.901 471.34- 699.77
Net earnings26.39329.901 149.58- 572.12
Shareholders equity total66.39396.301 190.88618.49
Balance sheet total (assets)1 441.713 351.516 028.841 034.82
Net debt- 205.44- 759.26-3 337.58- 693.70
Profitability
EBIT-%
ROA2.4 %17.8 %31.5 %-19.8 %
ROE39.8 %142.6 %144.9 %-63.2 %
ROI52.0 %184.1 %175.7 %-73.3 %
Economic value added (EVA)26.91339.131 165.89- 437.78
Solvency
Equity ratio4.6 %11.8 %19.8 %59.8 %
Gearing7.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.22.3
Current ratio1.01.11.22.3
Cash and cash equivalents205.44759.263 430.71693.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-19.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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